Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.
To some, advancements in AI herald the end of entry-level jobs, which will mean a tough road ahead for young workers. Reddit CEO Steve Huffman, on the other hand, says the opposite is true for his company.
"The kids coming out of college right now learned how to program with AI. They're really good at it, so I think we will go heavy on new grads because they're so much more AI native," Huffman said during a recent episode of the "Sourcery with Molly O'Shea" podcast.Huffman, in fact, says there will be stiff competition to hire new graduates."I think there are so many reasons to hire new grads. Also, the best new grads, if you don't hire them as new grads, you will never see them," Huffman said. "They will never be on the job market again. They're too valuable to ever let them be on the job market."Despite his optimism, new college graduates are entering the job market at a tricky time.More people have acquired bachelor's degrees than in the past, and companies have slowed hiring due to AI, leading to a less-than-ideal market. The US Bureau of Labor Statistics reported the unemployment rate in February was 4.4%, or 7.6 million people. That's up from the same time last year, when the unemployment rate was 4.1% and 7.1 million people were unemployed.Tech leaders like Anthropic CEO Dario Amodei have cautioned that AI could render half of entry-level white-collar jobs obsolete in five years.Still, Huffman says he'll keep hiring new grads, particularly in engineering."We are building a company, so in order for the engineering head count to go down, we'd have to know everything we wanted to build," Huffman said during the interview. "Let's say AI makes our engineers 50%, 100% or even 10x more productive. We'll just build more stuff. Not do the same amount with less."A Reddit spokesperson said the company has an Emerging Talent team focused on recruiting young professionals. The company said it is hiring for a variety of full-time roles across engineering, sales, and product. The company also has open intern roles — or "Snooterns" — in machine learning engineering.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFL Insider Proves Cowboys Made Right Choice Not Pursuing Steelers LBThe Dallas Cowboys were briefly linked to Pittsburgh Steelers linebacker Patrick Queen, but pulled the plug in a move that has proven to be the right choice.
Read more »
Cubs Insider Reveals Likelihood Matt Shaw Will Play Right Field on Opening DayThe PCL strain Seiya Suzuki suffered on Sunday could keep him from Opening Day, meaning the Cubs have a spot to fill in right field.
Read more »
Mets Prospect Carson Benge Likely to Make Opening Day Roster, Says MLB InsiderMLB insider suggests Mets outfielder Carson Benge is likely to be on the Opening Day roster, based on his strong performance this spring training. Despite no official confirmation, the insider points to Benge's impressive stats and his overall play as indicators of his readiness for the major leagues.
Read more »
Mysteries of the Human Body: Doctors on Reddit Share Unexplained PhenomenaA BuzzFeed writer explores Reddit discussions where doctors share the most perplexing aspects of the human body that science still struggles to fully understand, covering areas like infant crying, anesthesia, autoimmune diseases, vision changes, and mental health.
Read more »
Reddit is weighing identity verification methods to combat its bot problemFind the latest technology news and expert tech product reviews. Learn about the latest gadgets and consumer tech products for entertainment, gaming, lifestyle and more.
Read more »
Reddit wants to check if you’re using the iPhone’s Face ID cameraTech Product Reviews, How To, Best Ofs, deals and Advice
Read more »