>But then people who work in actual tech companies come in and explicitly say they are not hiring any juniors anymore specifically because AI is good enough to do most of what juniors do, and that senior engineers can now write 3x as much code, etc.

Yup, that's reflected in the data as well, no need to invoke "vibes" or whatever.

https://www.economist.com/content-assets/images/20260516_EPC...

https://www.economist.com/content-assets/images/20260516_EPC...

The likely explanation is that there's job losses happening in some sectors, but it's made up for in other sectors.