Workquake Weekly

← Workquake Weekly14 Jun · 7 min

What if AI isn’t the reason young graduates can't find work?

What if AI isn’t the reason young graduates can't find work?14 Jun7 min

<p>For two years, we&#39;ve blamed AI for the disappearance of entry-level jobs. But what if that story was never true?</p><p>In this solo episode, Steve digs into new research from the Federal Reserve Bank of New York — a source with nothing to sell — that ties roughly 64% of rising unemployment among young grads not to AI, but to remote work. The finding that stopped him cold: when teams spread out, the everyday coaching that turns a 23-year-old into a capable professional didn&#39;t move to another channel. It just disappeared.</p><p>Steve unpacks why nobody noticed, how a thousand small rational decisions quietly pulled up the on-ramp for early-career workers, and why &quot;AI does that work now&quot; became a more flattering story than &quot;we couldn&#39;t figure out how to develop people from a distance.&quot; Then he goes one layer deeper — past remote work to the short-termism driving companies to mortgage the next decade for this quarter&#39;s numbers.</p><p>The good news? If we pulled mentorship out, we&#39;re also the ones who can put it back. Here&#39;s how.</p><p>🎧 ~10 minutes. Got thoughts? Find Steve on LinkedIn — he wants to hear from you.</p>