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College and University Discussion
Reply to "Econ majors- is it easy to find a job?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Economics is a solid degree. Job and career opportunities are enhanced by having a solid understanding of statistics, knowledge of the R programming language for statistics, and Python programming. Those are the tools that let one analyze economic data - which is a typical entry-level role. [/quote] Aren’t data analysts of every stripe ripe for AI replacement? [/quote] Somebody needs to tell the AI what to do (choose the task), modify the task depending on AI results, and monitor or interpret the AI's results. AI is wildly overhyped right now AND if it does achieve productive time savings as a tool that means employees can specify more tasks and analyze more things. If AI really is going to be a massive job killer, do you think people will just say "Oh, I guess I won't do any work then". Or will they say "I will find new and different ways to be useful with the set of tools I have"? Have you ever used a fully automated chatbot that accomplished what you wanted? I haven't. Chatbots suck! That is what a lot of AI is like right now.[/quote] AI has already started to kill entry level jobs. Young people have a higher level of unemployment rate because companies are pulling back on entry level positions.[/quote] PP. This has happened a bunch of times in my working lifetime and they usually blame something ridiculous like young people's work ethic. I don't believe it's AI. There's a ton of political and economic uncertainty right now and business leaders would rather not spend hard to get money on people. Tech is floundering trying to figure out a new, new thing so they are spinning hard on AI while not hiring because money isn't so cheap anymore. I read something today about how middle managers are disappearing also. Apparently top management has discovered what Dilbert identified years ago...extra management doesn't always help. Should we blame that on AI also?[/quote]
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