Summary
Kory Kantenga from LinkedIn discusses the labor market, noting AI hiring is 30% above overall hiring, but outside AI and healthcare there is no momentum. He highlights data center job growth but warns that entry-level opportunities are shrinking, making it hard for recent grads. The impact of AI on jobs is still too early to tell, with cost-benefit economics determining adoption.
- AI hiring is outpacing the overall labor market by 30%.
- Half a million data center jobs have been added in recent years.
- Outside AI and healthcare, the labor market has no momentum.
- Entry-level opportunities are declining, hurting recent college graduates.
- Backend developer roles are weakening, while AI integration roles strengthen.
- The economic impact of AI on jobs is still uncertain and too early to assess.
- Liberal arts skills may become more valuable with AI tools like LLMs.
- Employers are hesitant to hire junior workers due to lack of judgment.