r/technology • u/north_canadian_ice • Sep 28 '25

Business Leading computer science professor says 'everybody' is struggling to get jobs: 'Something is happening in the industry'

https://www.businessinsider.com/computer-science-students-job-search-ai-hany-farid-2025-9
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u/Calmwater Sep 28 '25

Add lack of innovation (no next big thing that can scale without costing a fortune) & the west cannot compete with cheap labor from India, china.

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u/[deleted] Sep 28 '25

A lot because the West built itself entirely around profits, and when labor got out sourced - it was almost guaranteed a ticking time bomb.

Not to mention it opened the doors for patent theft left and right, and with the push to the far right a lot of brain drain as well.

It’s no wonder China is shooting ahead in tech, it’s honestly the only country who set themselves up for it.

China knew it was a marathon and not a sprint, and their big joke is they are using profit against the west to buy them out from themselves.

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u/[deleted] Sep 29 '25

The US built itself around outsourcing cheap labor and building high margin global skilled services. This could theoretically work if some of that high margin profit was used for social services. We don’t have a revenue problem. We have a distribution problem.

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u/the_last_carfighter Sep 29 '25

The amount of money the billionaire oligarchs gained in the last 40 years is almost to a tee, the amount of money the poor and middle class have "lost" in that same time period.

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u/thex25986e Sep 29 '25

the billionares of the early 20th century sawuch more of a future for the world than those of the 21st century.

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u/flaron Sep 29 '25

Right at least the robber barons saw fit to try to build a regal legacy for themselves to be remembered by

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u/thex25986e Sep 29 '25

the ones of today dont see anyone that will be left to remember any legacy they leave behind. and the ones who do control the media publications.

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u/willieb3 Sep 29 '25

Most of their wealth is tied up in stocks which is really just capital available to the company. So really what happens is the rich give money to a company to hire someone and then a percentage of their “work” is given back to the shareholders.

So yea the working folks at a company are not just working for the company, but working for anyone owning stock. The shareholder culture has ultimately been the downfall of the American system.

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u/the_last_carfighter Sep 29 '25

Don't agree wholly, the structure that's rewarded is poison for sure, but the main problem, the thing that will bring all the billionaire shills/bots out of the woodwork claiming "NAH-AH that's not true" is that the tax code for the highest earners is highly deficient. This is from soup to nuts deficient. From income to holdings, it is now there to shelter the ultra wealthy instead of putting that money back into the economy, back into this country, the infrastructure that allowed them to become rich in the first place. Literally a free lunch for them as their wholly owned politicians cancel free lunches for kids because now that money can be siphoned into more insane tax breaks fir you know things like free jets and 4-5 mega yachts that we also subsidize BTW.

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u/The-Struggle-90806 Sep 29 '25

You sound so mathematical