New article from the New York Times reporting on an influx of compsci graduates struggling to find jobs (ostensibly caused by AI automation). Found a real money shot about a quarter of the way through:
Among college graduates ages 22 to 27, computer science and computer engineering majors are facing some of the highest unemployment rates, 6.1 percent and 7.5 percent respectively, according to a report from the Federal Reserve Bank of New York. That is more than double the unemployment rate among recent biology and art history graduates, which is just 3 percent.
You want my take, I expect this article's gonna blow a major hole in STEM's public image - being a path to a high-paying job was one of STEM's major selling points (especially compared to the "useless" art/humanities degrees), and this new article not only undermines that selling point, but argues for flipping it on its head.