Thread regarding Bank of New York Mellon Corp. layoffs

The Future of Work Now

Sharing an interesting article on the current future of work and what it now means for U.S. workers, American citizens, new graduates, and the accelerating role of AI.

'https://ifspp.substack.com/p/graduating-into-second-place?utm_medium=email'

Summary:
The trends highlighted in "Graduating Into Second Place" reveal a labor market undergoing a structural shift that disadvantages American workers—especially new college graduates—long before AI enters the picture.

The article points to a widening employment gap between U.S. citizens and foreign graduates in STEM fields, driven largely by federal visa programs that incentivize employers to hire lower‑cost, visa‑dependent labor. These programs, particularly STEM OPT and H‑1B, have become embedded in corporate hiring strategies, creating a parallel workforce pipeline that increasingly displaces domestic talent at the entry level.

For U.S. graduates, the consequences are immediate and sobering. Even after earning advanced degrees, many find themselves competing not only globally but domestically against workers whose employment is subsidized through tax advantages and regulatory structures. The traditional promise—that education leads to stable, upwardly mobile careers—is eroding as entry‑level roles are offshored, outsourced, or filled through visa channels designed to reduce labor costs.

AI compounds these pressures. While the article argues that AI is not the primary driver of current disparities, its rapid adoption accelerates the same dynamics: fewer junior roles, more automation of foundational tasks, and a corporate preference for leaner teams supported by global labor markets. For U.S. workers, this means fewer on‑ramps into professional careers and a steeper climb toward mid‑career stability. For new graduates, it signals a future where opportunity is shaped less by merit and more by policy choices that prioritize cost efficiency over cultivating the domestic workforce.


by
| 2 views | | 4 replies (last April 10) | Reply
Post ID: @OP+1knce48e4

4 replies (most recent on top)

@e4 Kind of sad this is where we are, but I think you're right. Learn the tools. They may not ultimately save you here, but they very well may help you somewhere else when that comes (and it probably will)....

by
| | Reply
Post ID: @132+1knce48e4

The labor force of tomorrow will primarily be jobs than AI cannot do... hands-on roles like electricians, plumbers, carpenters, etc. Service jobs that robotics cannot do yet, and will likely not be able to do in the near future. If you sit in front of a computer all day, your job is likely to be replaced with AI.

Early in the 20th century, the phone company had thousands of phone operators employed to connect calls. Once they automated that, there was no need for an operator. This is the same, except it impacts many more fields of employment.

If you are currently an entry level/junior developer, learn how to build agents in AI. Agentic AI is what companies are doing now and where the demand is.

If you are a college student working towards a computer science degree, consider what jobs there night be for you after graduation. You may need to pivot into an engineering degree instead, away from fields that will not be as heavily impacted from AI.

For those of you currently employed, realize that AI isn't going away. Learn to use it, not to replace you but to make your job so much more productive. Don't waste time on tasks that AI can do, focus working on stuff AI can't do. Use AI to do the "grunt" work you were forced to do each day. If you are a developer, have AI write the code and focus on how you will integrate it into the rest of the workflow.

In the end, AI will eliminate jobs. That's a given. Use the time to learn to work with it or around it.

by
| | Reply
Post ID: @e4+1knce48e4

There wont be work from anyone soon unless the govt steps in and forces a limit of what AI can be used for and how much. While you’re scraping by trying to pay bills , robin will sit on his millions so he doesnt care about the rest of us being out of work

by
| | Reply
Post ID: @dy+1knce48e4

We are sc--wed!

by
| | Reply
Post ID: @cc+1knce48e4

Post a reply

: