I upvoted the article for the purpose of discussion. I disagree with it. The core tenant of the article is that AI is the reason why companies aren't hiring juniors. That's just not it. Do people just blindly believe whatever some CEO or company says in their press briefings? This was all happening before the AI boom. Interest rates went up, hiring went way down, and then AI launched. Before interest rates, interviewing was getting harder and harder every year. That's usually an indication that you have more supply than demand. The bar for getting into any American tech company was getting much harder - not just FAANG. Leetcode had gone from having practiced 50-100 questions to there being a bank of over 3000+ with many people having regularly studied hundreds. It went from easy/medium to being typical in interviews to medium/hard being typical with many original hard questions now being reclassified as mediums.

Wages for your typical engineer stopped going up 5+ years ago. The joke of senior FAANG engineers making $400k has been a meme for over 5 years. Yet, inflation has done over 20% in 5 years? Look at new offers for people joining the majority of positions available at public tech companies. You're not seeing $500k offers regularly. Maybe at Jane Street or Anthropic or some other companies that are barely hiring - all of which barely employ anyone compared to FAANG. You're mostly seeing the same $350-400k/yr meme.

The reason we're not employing new grads is the same reason as the standards getting much more aggressive. Oversupply and senior talent has always been valued more.