Wow, it’s got this bad? Seems like a race to the bottom at this point, without training youngsters how are new generations supposed to get into the industry?
Understanding how a business works will help you better position yourself as an engineer. Even Posthog believes that candidates who have entrepreneurial background have higher chances at launching products.
Engineering is the only field where you can learn without having "an official job". That's why a portfolio is always asked before jumping in interviews.
An intern program is a recruiting pipeline, plain and simple. If you're cutting back, that'll be an early thing to go.
Plus, if you believe in AI-driven coding, the intern-quality code is just a few prompts away. So become a senior prompter.