Even students from prestigious universities have difficulty finding a job as a Junior Software Engineer, because companies are now short of «two programmers and an LLM».
Even students from prestigious universities have difficulty finding a job as a Junior Software Engineer, because companies are now short of «two programmers and an LLM».
«Stanford graduates with computer science degrees are having a hard time finding entry-level jobs at the biggest tech companies. I think it’s crazy», said Stanford University bioengineering professor Jan Liphardt.
As Futurism reports, one Stanford student noted that «there is a very gloomy mood on campus».
The prevailing view among recruiters and jobseekers is that now, for every ten programmers, companies only need two and a large language model (LLM).
«AI can now code better than the average young developer who graduated from the best schools. We don’t need Junkies anymore,» says the head of Palo Alto-based AI startup Vectara.
To overcome the challenges of finding entry-level jobs, graduates of elite universities are taking jobs at companies they previously considered below their level. Others are founding their own startups or going to graduate school to improve their resumes.
However, a number of studies indicate that AI is not technically ready to replace humans in programming. According to one of them, software developers who use AI tools for coding program 19% slower. Another report noted that generated AI code is significantly inferior to human code in terms of logic, security, performance, and ease of further maintenance.
Some experts believe that AI is not delivering enough benefits because of the economic system that regulates its use. «AI cannot replace humans, but it can bring short-term financial gains at the cost of long-term loss of skills and knowledge,» says technology analyst Morten Rand-Hendriksen.
