Hook

I just came from an AI conference out west and holy cow! They said to me that what we're gonna see in the next six months outstrips what we've seen in the last 10 years because the rate of change is on a hockey stick and heading up. And I gotta say I'm pretty up to date on this stuff and it blew my mind, stuff I was seeing. In terms of what? What did you see? Well there was one company that is selling autonomous coding for enterprises to big businesses and their revenue is up 100 fold in the last 12 months. So if that continues it's going to eat a lot of the tech budgets from major corporates that used to go to humans. And so you're seeing the employment of recent computer science graduates fall off a cliff from a lot of programs. If you rewind what four years ago, what would we tell young people for a secure career? Learn to code and now the opposite of that is true. It's unbelievable so where are you on jobs long term? Look uh Dario Amade the CEO of Anthropic laid it out very clearly and he's been doing so repeatedly saying we're gonna automate away up to 50% of entry level white collar jobs in the next several years and I believe him. The easiest people to fire are the people you haven't hired yet. Which again is why you see the hiring of recent college graduates heading down and the underemployment rate over 50%, the unemployment rate among college graduates is now the same or higher than for the first time in history.