Have you heard about the recent struggles that computer science graduates are facing? It’s a tough time for them, with unemployment rates ranging from 6.1% to 7.5%, which is more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study.
The alleged culprits behind this trend are AI programming, which is eliminating junior positions, and tech giants like Amazon, Meta, and Microsoft, which are slashing jobs. Students are feeling trapped in an ‘AI doom loop’ where they use AI to mass-apply for jobs, only to be auto-rejected by companies using AI, sometimes within minutes.
It’s a vicious cycle that’s leaving many graduates feeling frustrated and disillusioned. The ‘coding-equals-prosperity’ promise that once drove many to pursue computer science degrees has officially collapsed. It’s a harsh reality check for those who thought that a degree in computer science would guarantee them a well-paying job.
So, what’s next for these graduates? Will they be able to find a way out of this ‘AI doom loop’, or will they have to settle for lower-paying jobs? The future is uncertain, but one thing is clear – the computer science dream has turned into a nightmare.