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Azeem Azhar

๐Ÿ‘ค Speaker
5487 total appearances

Appearances Over Time

Podcast Appearances

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

But let's unpick some of the...

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

The points that you raised, you talked about Eric Brynjolfsson's paper.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

You've also talked about this idea of managers becoming more risk averse.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

And if you're more risk averse, taking on board a millennial who might need their kombucha and early break on a Friday afternoon to go for a meditative stroll is higher risk than whipping the corporate wage slave in their 50s for another few hours in the week.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

That's a decent picture.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

But the other thing that you drew up was just how complicated and multi-factor labor markets are.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

And one of the things that strikes me about labor markets is that there are so many forces at play from interest rates to the effect of the pandemic to

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

political uncertainty impacting how long bosses are willing to make investments for, that it's really difficult to unpick those causes.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

And the starting point for that needs to be the data that you can look at and that you can make sense of.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

So we would typically go off and use BLS data or similar data like that in the United Kingdom or Yale University has their budget lab and they run surveys.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

What is the way that you look at to make sense of what workers are doing and what hirers are doing?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

So give me a sense of the sense, the sensing that you're doing the data that you're gathering.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

I mean, how do you do that?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

What are you going to show us?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

Are you going to show me because you've crawled LinkedIn and you've figured out how many customer service reps there are at United Airlines compared to field engineers?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

And that gives us a number or is it not as granular as that?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

Or is it more comprehensive than that?

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

So let's get a sense of then go back to what we really think is happening.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

You talked about the Brynjolfsson paper.

Azeem Azhar's Exponential View
Where did all the entry-level jobs go? (With Revelio CEO Ben Zweig)

The Brynjolfsson paper was something that came out in the summer.