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AI and the Bottom Rung of the Career Ladder

AI and the Bottom Rung of the Career Ladder

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Seven years on, this discussion is more salient than ever. The world’s most valuable companies are locked in an AI arms race, and predictions on when we will reach artificial general intelligence (when AI matches human cognitive capabilities) run rampant. Major news outlets report mounting pressure on young people, especially recent and prospective college graduates, struggling to find jobs in the software sector that once teemed with demand for new hires.

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Berkeley Economic Review
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Original publisherBerkeley Economic Review
Canonical URLhttps://econreview.studentorg.berkeley.edu/ai-and-the-bottom-rung-of-the-career-ladder/
Publication timeSat, 03 Oct 2026 16:56:46 +0000
Retrieval time2026-10-03T17:03:12.917Z
Last seen2026-10-03T17:03:12.917Z
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Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Technology & InnovationAI and the Bottom Rung of the Career LadderIn a Berkeley Economic Review article from 2018, Vatsal Bajaj anticipates that artificial intelligence may create a “new social class.” Drawing on comparisons to the Industrial Revolution and citing historian Yuval Noah Harari’s theory on…By Richard Li|Edited by Izzy Bayani|March 18, 2026|6 min readIn a Berkeley Economic Review article from 2018, Vatsal Bajaj anticipates that artificial intelligence may create a “new social class.” Drawing on comparisons to the Industrial Revolution and citing historian Yuval Noah Harari’s theory on the creation of a “useless class,” he surveys a range of views on the large-scale impacts of automation by artificial intelligence. Seven years on, this discussion is more salient than ever.

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Excerpt limited to ~120 words for fair-use compliance. The full article is at Berkeley Economic Review.

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