This. LLMs have ended the need for white collar junior work. Recent grads at this point are just a legal/tax (sec 174) liability - a great way to get a law suite. Colleges need to pivot fast.
If you think that juniors are solely for doing the low level work (which is wrong).
The purpose of the junior is to work towards becoming senior (in experience and capability). Doing the the bs work is just an additional use of their time.
Your thinking is akin to the belief that the purpose of the medical residency is to do examinations and not to become a full fledged doctor.
While I expect this to change, I don't know how fast, nor where the ceiling is — always the trouble with S-curves, you can never tell how close you are to the mid-point, and with even a tiny bit of noise you can't even tell which side of the mid-point you are.
> Colleges need to pivot fast.
The problem is the same everywhere - the management (administration) has grown like a mushroom. We need more profs and instructors because oral exams are the only way to verify knowledge that can't be easily gamed - aside bribes. That's scary because ethics are not what they once were.
I think the high interest rates, poor consumer economic situation and remote work with outsourcing did way more to damage that jobs market than LLMs right now.
I am yet to hear jobs being replaced with LLMs but I hear about jobs moved to cheaper locations all the time. LLMs make workers more efficient at easy, low-stakes repetitive shit but don't fully replace them. Yet. They also don't replace accountability. A lot of times managers/corporations just hire to have a scapegoat to throw under the bus if the shit hits the fan. You can fire and intern for doing something wrong, you can't fire a LLM that fucks up, it's still the user to blame.
Couple with the bullwhip effect of too many grads going to University chasing those lucrative white collar jobs from the covid boom days and this is what you get.
>Recent grads at this point are just a legal/tax (sec 174) liability
Sounds like a US specific self inflicted problem.
The opposite of a liability is a deduction