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122 points lsharkey602 | 1 comments | | HN request time: 0.348s | source
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bachmeier ◴[] No.44423567[source]
Okay. It also coincides with the end of the post-pandemic hiring boom and the UK bank rate going from 0.1% to 5.25%. It's kind of funny that reliable data analysis has never been part of the AI hype when you consider that AI is used for data analysis.
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xivzgrev ◴[] No.44423756[source]
Yes, but overall job ads are up. Pay is going up.

But specifically entry level is down significantly since Nov 2022.

All of your points - interest rates, post pandemic hiring boom would apply to market as a whole.

Not saying it’s causation like the article claims, but there’s at least some correlation trend.

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madaxe_again ◴[] No.44423907[source]
An awful lot of graduate positions in the U.K. are things like customer service, account management, paralegal, data analysis.

These categories have seen broad application of AI tools:

- CS, you’ll most likely talk to an LLM for first tier support these days.

- Account management comprises pressing the flesh (human required) and responding to emails - the latter, AMs have seen their workload slashed, so it stands to reason that fewer are required.

- Paralegal - the category has been demolished. Drafting and discovery are now largely automated processes.

- Data analysis - why have a monkey in a suit write you barely useful nonsense when a machine can do the same?

So - yeah, it’s purely correlative right now, but I can see how it being causative is perfectly plausible.

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1. ◴[] No.44424073[source]