EPISODE · Jun 14, 2026 · 7 MIN
What if AI isn’t the reason young graduates can't find work?
from Workquake Weekly · host Steve Cadigan
For two years, we've blamed AI for the disappearance of entry-level jobs. But what if that story was never true?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't move to another channel. It just disappeared.Steve unpacks why nobody noticed, how a thousand small rational decisions quietly pulled up the on-ramp for early-career workers, and why "AI does that work now" became a more flattering story than "we couldn't figure out how to develop people from a distance." Then he goes one layer deeper — past remote work to the short-termism driving companies to mortgage the next decade for this quarter's numbers.The good news? If we pulled mentorship out, we're also the ones who can put it back. Here's how.🎧 ~10 minutes. Got thoughts? Find Steve on LinkedIn — he wants to hear from you.
What this episode covers
For two years, we've blamed AI for the disappearance of entry-level jobs. But what if that story was never true?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't move to another channel. It just disappeared.Steve unpacks why nobody noticed, how a thousand small rational decisions quietly pulled up the on-ramp for early-career workers, and why "AI does that work now" became a more flattering story than "we couldn't figure out how to develop people from a distance." Then he goes one layer deeper — past remote work to the short-termism driving companies to mortgage the next decade for this quarter's numbers.The good news? If we pulled mentorship out, we're also the ones who can put it back. Here's how.🎧 ~10 minutes. Got thoughts? Find Steve on LinkedIn — he wants to hear from you.
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What if AI isn’t the reason young graduates can't find work?
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