The high salaries commanded by FAANG engineers right out of college motivated a lot of students to take up computer science as a major and this led to a massive oversupply. It might take a few years to cool.
MIT graduates are not going to be struggling for anything, much less for new grad jobs. They're among the most privileged humans to exist on earth by nature of their degree and admission.
I appreciate your point, and don't necessarily disagree. However, I think it is rough out there even for ivy graduates.
We have an intern from an Ivy (not MIT) that isn't getting an offer simply because my company doesn't want to hire in the US right now. They are great to work with, knowledgeable, but have no future here. They have been shopping around, and a lot of people on the team have been trying to find a place for them to go in their network, but no one is biting.
This kind of "nothing can happen to this group because they have these advantages" line of thinking has causation backwards. They are privileged because they historically haven't struggled. The privilege doesn't preclude struggle, the privilege results from lack of struggle in the past. Times change.
There might be advantages to increasing the amount of hardware and low level courses in the curriculum. But, I am pretty sure that is not the primary reason for young graduates not being to find jobs.
It is for us in the cybersecurity space and the fabless design space (eg. RISC-V SoC). My portfolio companies have moved all hiring to Israel, CEE, and India as a result.
The only people we might consider hiring in the US are veterans from cyber related MOSes because they come with the right learning mindset and have enough practical skills to ramp up if there are skill deficiencies.
Thanks for this. I am planning to cancel my ChatGPT plus subscription and use something like the llm tool with the API key. For regular interactions, how do you handle context? For example, the UI allows me to ask a question, and then a followup and the context is kind of automatically handled.
Are you aware of any user interfaces that expose some limited ChatGPT functionality using a UI, that internally uses llm. This is for my non-techie wife.
I've been meaning to put together a web UI for ages, I think that's the next big project now that tools is out.
It's not using LLM, but right now one of the best UI options out there is https://openwebui.com/ - it works really well with Ollama (and any other OpenAI-compatible endpoint).
If the current administration reduces the issuance of family based greencards (which happens mostly through the consulates), those unused greencards will flow through the EB category, allowing EB1 dates to move forward. Something like this happened during Covid.
https://www.wsj.com/lifestyle/careers/computer-science-major...
"Between 2018 and 2023, the number of students majoring in computer and information science jumped from about 444,000 to 628,000."
Around 40% of MIT graduates are now in CS https://alum.mit.edu/slice/conversation-new-computing-dean-a...
Further, COVID has reduced a lot of friction for remote work, so now there is also global competition for these jobs.