Mid-Week Meltdown - what we need to learn from the AI correction to restore some common sense
One reading of the past few months in AI history is that somehow we have allowed the success or failure of our own enterprises - and even of our national economies – to become inextricably linked with the fortunes of a small number of technology companies.
Meanwhile, evidence has been piling up that as more and more organizations replace key functions with agentic systems and chatbots, too many are cutting back on junior hires, entry-level jobs, and graduate intake. The apparent belief is that instant productivity wins and cost-cuts will arise from those transactional bets, even as we cut ourselves off from the next generation of human workers.
That’s not a sensible course of action, and the dis-enfranchisement of the young was seemingly a significant contributor to the recent US mid-term results. If the outcome were based solely on the votes of Americans below the age of 30, every US...
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