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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)

It was in late August, early September with one of Eric's postdocs.

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

And they looked at a lot of hiring data over a couple of years, two or three years.

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

And they found that if you look to AI-exposed occupations...

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

computer science or programming and customer service, the level of hiring for entry-level jobs was much lower than in occupations that were not exposed.

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

But in those same occupations, mid and senior level hiring or employment levels

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

had not declined.

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

In some cases, it had increased.

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

And the argument was, and I think you put it earlier in one of your answers, it's challenging to hire somebody young because while they're cheaper, they need training.

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

They may not have decided that what they want to do is be a COBOL developer or a CSS jockey.

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

And so they might flake out after six or nine months.

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

So again, why not just whip the 45-year-old for a few more years?

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

So that was Eric's argument, and the paper was called The Canaries in the Coal Mine.

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

It did really well.

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

Understandably, I thought it was a great piece of work.

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

The buts, and I think this is why it becomes complex, this discussion about what are we actually seeing.

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

So the buts from my side were, number one, it felt really early for chat GPT and gen AI, which are not even three years old, to exist.

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

effect hiring.

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

I mean, I've worked with big companies.

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

They do not move with the degree of alacrity that you might expect.

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

So that was my first challenge to Eric.