Class of 2026 are sharing their disapproval towards AI

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KCBS Bloomberg Tech and Business Report 4 min 2 speakers 6 chapters transcribed 4 days ago
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What is the story behind the class of 2026 seniors booing AI at their commencements?

Margie Shafer 0:00
It's time now for our daily tech and business report. And today we are joined by Bloomberg's Matt Day. In the midst of all the cheers for the class of 2026, some graduating seniors are sharing their disapproval toward the overwhelming use and praise of AI at their commencements. And now Microsoft is responding. And we are joined now by Matt. And thanks for being with us this afternoon.
Matt Day 0:23
No, I'm happy to be here.
Margie Shafer 0:25
Well, first, let's talk about, can you just characterize what's been happening at these graduations before we get into the response?
Matt Day 0:31
This was a semi-viral trend. You know, you saw students, including University of Arizona, some out on the East Coast, just hearing their commencement speakers make the case for AI and talk about how transformative it's going to be. And the kids just weren't having any of it.

Why are graduating students worried that AI will hurt their job prospects?

Matt Day 0:45
It got to the point in a couple where just the mere mention of AI and folks were booing left and right.
Margie Shafer 0:50
What's going on with the college students? Why are they so opposed? Is it they can't get jobs because of AI?
Matt Day 0:55
That's definitely it. I mean, we've seen some weirdness in the job market, particularly for entry-level positions. That logic would say, you know, might be some tip of the spear AI automation stuff. You know, I think also the industry kind of has to wear this for just spending the last, you know, three or four years saying AI is going to be able to do every job in the next two or three years, right? Kind of really painting a picture, you know, a self-interested one for them, but of a real kind of dire job market future. So, you know, for these kids about to drop into the big old labor pool, that is not a welcome message.

How does the current job market reflect AI‑driven automation fears among new grads?

Margie Shafer 1:25
And now Microsoft is responding. How have they responded?
Matt Day 1:30
So Microsoft has responded in the way that they tend to do when the tech industry courts controversy, and that is to to kind of emphasize their own humanity, right? There's a bit of a sales pitch to, of course, Microsoft is selling its own AI services, but they think they can strike a reasonable pose, and they think they have a position here that's a little less absolutist than some of the AI labs and saying, you know, listen, we're at the beginning of this transition. It's going to take a whole long time. None of this history is any guide. We've got a ways to go, and people will have time to adapt.
Margie Shafer 2:00
And so we had an essay from Microsoft's President Brad Smith. It was a pretty short essay, but what did he have to say?
Matt Day 2:09
He made just that point.

What is Microsoft’s official response to the student backlash against AI?

Matt Day 2:11
He, as he tends to do, he looked back into history and talked about the invention of photography and said, you know, that didn't put all of the painters out of business. Like, he'll be the first to admit that's kind of an oversimplified analogy. But the larger point is, you know, this is a journey. Humans historically have found other things to do when new technologies showed up. And that AI probably won't be as different. And AI, you know, probably to the To the chagrin of the big AI labs in the Bay Area, AI is probably not going to turn the business world upside down completely in the next three or four years, as some of the boosters would have us believe.
Margie Shafer 2:43
I'm curious about this response. What's being said versus what's being done? I mean, Microsoft investing big in AI.
Matt Day 2:50
Oh, they certainly are.

What key points did Microsoft President Brad Smith make in his essay about AI’s impact?

Matt Day 2:51
They're spending something like $190 billion this year. mostly on AI data centers. They've sprinkled AI throughout their software products. But if you look between the eyes, I think they and some others in the industry have seen a backlash, both in terms of kind of public polling about AI and in terms of how users are reacting when AI shows up unprompted. And so for Microsoft's part, I think you're starting to see it show up a little bit less in your face. I, as a Microsoft Word user, we're just talking about the buttons. The little co-pilot icon used to be a little more intrusive. Now it feels like it's kind of tucked away in the corner. That feels very intentional for this moment.
Margie Shafer 3:23
Have we had any other responses from other big tech companies?
Matt Day 3:28
No, I think other folks are seeing this same trend, right?

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