They don’t want to hire older people.
They want AI to takeover as much of the entry level positions as possible.
Anyone seeking an entry level job better already have 5 years experience.
And they’ve already hollowed out Middle Management — “Those guys add nothing to the bottomline.”
Where is the corporate ladder today? No entry level jobs, no middle management jobs, no jobs for people with multiple decades of experience. How does that work?
For now, senior level specialists with an MBA and a lot of specialized technical knowledge can probably get a job (if they aren’t too old). But those people will eventually retire (or die).
Who replaces them? Who is currently rising up that corporate ladder (that no longer exists)? Who is being mentored to become a future leader? Where does the next generation gain that specialized technical knowledge? This doesn’t feel like a self-sustaining economy to me.
> They don’t want to hire older people. <
I had mostly bad luck getting a decent part-time job after I retired.
I’ve read that companies sometimes hesitate to hire older people because of age discrimination laws. If a younger person doesn’t work out, he’s fired. End of story.
But an older person who doesn’t work out can sue for age discrimination. So why take the chance of hiring him in the first place?
Age discrimination laws, and the Law of Unintended Consequences.
I’m hoping the midterms will be like the Election of 1864; in September, Lincoln initially thought he would lose due to the massive losses in, and unpopularity of the Civil War; Sherman taking Georgia put an end to that. Perhaps a change of government and the end to hostilities with Iran would accomplish the same.
“They want AI to takeover as much of the entry level positions as possible.”
Yes, this is already happening. The recent college grads and those about to graduate see this. It’s clear too that as AI takes over the entry level jobs, it will gradually creep up to take the higher and higher level jobs as well.
Meanwhile, President Trump is going full steam ahead on more AI all the time.