Rest Easy. AI Will Not Kill STEM Jobs
February 25, 2025
Written by a dinobaby, not smart software. But I would replace myself with AI if I could.
Bob Hope quipped, “A sense of humor is good for you. Have you ever heard of a laughing hyena with heart burn?” No, Bob, I have not.
Here’s a more modern joke for you from the US Bureau of Labor Statistics circa 2025. It is much fresher than Mr. Hope’s quip from a half century ago.
The Bureau of Labor Statistics says:
Employment in the professional, scientific, and technical services sector is forecast to increase by 10.5% from 2023 to 2033, more than double the national average. (Source: Investopedia)
Okay, I wonder what those LinkedIn, XTwitter, and Reddit posts about technology workers not being able to find jobs in these situations:
- Recent college graduates with computer science degrees
- Recently terminated US government workers from agencies like 18F
- Workers over 55 urged to take early retirement?
The item about the rosy job market appeared in Slashdot too. Here’s the quote I noted:
Employment in the professional, scientific, and technical services sector is forecast to increase by 10.5% from 2023 to 2033, more than double the national average. According to the BLS, the impact AI will have on tech-sector employment is highly uncertain. For one, AI is adept at coding and related tasks. But at the same time, as digital systems become more advanced and essential to day-to-day life, more software developers, data managers, and the like are going to be needed to manage those systems. "Although it is always possible that AI-induced productivity improvements will outweigh continued labor demand, there is no clear evidence to support this conjecture," according to BLS researchers.
Robert Half, an employment firm, is equally optimistic. Just a couple of weeks ago, that outfit said:
Companies continue facing strong competition from other firms for tech talent, particularly for candidates with specialized skills. Across industries, AI proficiency tops the list of most-sought capabilities, with organizations needing expertise for everything from chatbots to predictive maintenance systems. Other in-demand skill areas include data science, IT operations and support, cybersecurity and privacy, and technology process automation.
What am I to conclude from these US government data? Here are my preliminary thoughts:
- The big time consulting firms are unlikely to change their methods of cost reduction; that is, if software (smart or dumb) can do a job for less money, that software will be included on a list of options. Given a choice of going out of business or embracing smart software, a significant percentage of consulting firm clients will give AI a whirl. If AI works and the company stays in business or grows, the humans will be repurposed or allowed to find their future elsewhere.
- The top one percent in any discipline will find work. The other 99 percent will need to have family connections, family wealth, or a family business to provide a boost for a great job. What if a person is not in the top one percent of something? Yeah, well, that’s not good for quite a few people.
- The permitted dominance of duopolies or oligopolies in most US business sectors means that some small and mid-sized businesses will have to find ways to generate revenue. My experience in rural Kentucky is that local accounting, legal, and technology companies are experimenting with smart software to boost productivity (the MBA word for cheaper work functions). Local employment options are dwindling because the smaller employers cannot stay in business. Potential employees want more pay than the company can afford. Result? Downward spiral which appears to be accelerating.
Am I confident in statistics related to wages, employment, and the growth of new businesses and industrial sectors? No, I am not. Statistical projects work pretty well in nuclear fuel management. Nested mathematical procedures in smart software work pretty well for some applications. Using smart software to reduce operating costs work pretty well right now.
Net net: Without meaningful work, some of life’s challenges will spark unanticipated outcomes. Exactly what type of stress breaks a social construct? Those in the job hunt will provide numerous test cases, and someone will do an analysis. Will it be correct? Sure, close enough for horseshoes.
Stop complaining. Just laugh as Mr. Hope noted. No heartburn and cost savings too boot.
Stephen E Arnold, February 25, 2025
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