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Entry-level jobs down by a third since launch of ChatGPT

(www.personneltoday.com)
120 points lsharkey602 | 1 comments | 30 Jun 25 11:38 UTC | HN request time: 0.199s | source
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honkycat ◴[30 Jun 25 13:44 UTC] No.44423200[source]▶
It's not AI. We are in a recession caused by fear and instability.

Tech may just be dying in general.

This could finally be the collapse we have been waiting for.

While the US was allowing capitalists to hoard all of the USs excess capital, China was facilitating the development of important industries via central planning.

Look at Intel. The owning class has become so greedy and incompetent. They aren't even running functional companies anymore: just grifting for government money then using that for stock buybacks.

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1. timacles ◴[30 Jun 25 15:03 UTC] No.44424230[source]▶
We are looking at the a reshuffling of the USA economic order. Small businesses are essentially being (slowly) completely erased from the US economy, and monopolies are all that will be left. The middle class is being wiped out. Wealth is being transferred to the top

> Tech may just be dying in general.

Its not just tech, its any company that doesnt have infinite capital to integrate and monopolize every bit of the supply chain.