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The warning signs were there two decades ago—long before ChatGPT, long before anyone worried about a robot taking their job

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From Jesse Rothstein’s July 2020 working paper for the National Bureau of Economic Research: “The lost generation? Labor market outcomes for post–Great Recession entrants.”

Around 2005, something quietly shifted in the American labor market.

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Summary

The warning signs were there two decades ago—long before ChatGPT, long before anyone worried about a robot taking their job. “This is a generation of people that was given the hardest sell of any generation in history of why they need to go to college,” says Noam Scheiber, a New York Times labor reporter whose new book, Mutiny: The Rise and Revolt of the College-Educated Working Class, chronicles the revolt brewing inside America’s credentialed workforce. Scheiber, who graduated in 1998 into what he calls “one of the best years in the history of the world to have graduated from college,” watched the shift unfold from the front row of the labor beat.

“That’s not something that we saw for 30 years before that,” Scheiber says.

Read full article at Fortune Technology →

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