Me and most of my friends from school started in low paying consultant jobs, in fact most from my class dont do software at all only 5 of us had jobs after education ended, this is like 12 years ago, it was also hard back then to get a job, maybe people forgot or something.
This.
I have been out of the tech startup labor market for many years. But when I was doing hiring in a startup around 2017, we had to put specific, conscious effort into accepting inexperienced candidates. The default mode for hiring is finding like-minded individuals whose experience overlaps with the existing team.
Using AI as a scapegoat for hiring freezes or layoffs is just more FUD. Like all propaganda campaigns, the purpose of fatigue is to induce an amnesia effect.