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HONEST ECONOMICS Melissa Carleton HONEST ECONOMICS Melissa Carleton

Embrace AI or Fall Behind? Actions for Companies, Recent Graduates, and Governments in an Age of Job Scarcity

As Kent and I highlighted two weeks ago, conventional recession indicators suggest a healthy economy, though recent trends in the labor market for college graduates paint a different picture. We pointed to some appalling anecdotes and statistics, including the case of the Computer Science major who submitted 5,762 job applications, only to hear back from none.

This reality begs the question of whether job creation in the age of AI will ever speed up as individuals, companies, governments, and educational institutions adapt. If so, when?

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