A Plain Memo
Entry-level hiring collapsed at AI firms — and grew at the giants
A fifteen-person AI startup has zero junior listings on its careers page. That looks like proof the first job is gone — until you check who's actually hiring.
I traced the "AI killed the entry-level job" story back to its sources: the studies, the fake 80% stat everyone repeats, and the employers who are quietly hiring more grads, not fewer. The rung didn't disappear. It moved — and where it moved depends on where you're standing.
In this memo
Sources
- Stanford Digital Economy Lab — "Canaries in the Coal Mine? Six Facts About the Recent Employment Effects of AI":
- Stanford Digital Economy Lab — "Canaries, Interest Rates, and Timing":
- Hosseini Maasoum & Lichtinger — "Generative AI as Seniority-Biased Technological Change" (SSRN):
- Federal Reserve Bank of New York — "The Labor Market for Recent College Graduates":
- Indeed Hiring Lab — "The Labor Market Is Tilting Toward Seniority":
- National Association of Colleges and Employers — 2026 Job Outlook, Spring Update:
- Platformer (Casey Newton) — interview with Eugenia Kuyda:
- Fortune — AWS CEO Matt Garman on replacing junior staff with AI:
- Entrepreneur — Klarna CEO reverses course on AI-only customer service:
- James Bessen, IMF Finance & Development — "Toil and Technology":
- American Bazaar — Baker McKenzie's AI-driven restructuring:
- Law.com — "After Baker McKenzie's Cuts, Don't Only Blame AI":