The Context Window with David Deming
The Context Window with David Deming Podcast
Why new college grads can't find jobs (it's not AI)
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Why new college grads can't find jobs (it's not AI)

And why the corporate job ladder looks like the old Hollywood studio system

“Do you really think a technology that is so heavily used and understood by younger people, who are smarter and more flexible and more willing to learn new things, is going to harm those same young people forever? It just doesn’t add up.” — David Deming


As long as we’ve been collecting data, new college graduates had better odds of landing a job than the average American worker. But that flipped after the pandemic. Although the obvious suspect is AI, David Deming - labor economist and Dean of Harvard College - thinks the obvious suspect is probably innocent. In the first solo episode of The Context Window, he studies the scene of the crime: why the timing points to remote work rather than AI, how the pandemic quietly “containerized” white-collar work and made it legible to machines, and why he is willing to put a marker down that today is as bad as AI is ever going to be for young workers. The corporate ladder is good for developing talent among a chosen few. Now that ladder is crumbling, which may be a good thing in the long-run.


Listen on YouTube, Spotify, and Apple Podcasts


A programming note: this week I’m trying something different. The first episodes have been long biographical conversations, which I love, but a few of you wrote in to say you’d like to hear more about what I think. My instinct is to listen more and talk less - when I’m talking I’m not learning - but you asked, so we’re giving it a shot.

This one is a rant, affectionately titled “The Kids Are Alright.” As Dean I spend a lot of my time fielding worried questions from parents, alumni, and faculty: are the students okay? Short answer - yes! They’re doing so much better than the headlines suggest. The longer answer runs through the toughest job market for new graduates in a generation, a murder mystery about whether AI or remote work is to blame, and why I think the gloom about young people and AI is misplaced.

Please let me know what you think of the episode to david@thecontextwindow.com.


Mentioned in this episode

Data and trackers
Papers
Books
Ideas and examples
  • Hyunjin Kim and Rembrand Koning, “AI-Native Firms” (Harvard Business School Working Paper, 2026) - smaller, flatter, more expert startups built around AI

  • Challenger, Gray & Christmas, May 2026 job-cut report - the source for the 7-to-40 percent jump in cuts attributed to AI

  • Malcolm McLean and the shipping container (1956) - the standardization that made global shipping automatable

  • United States v. Paramount Pictures and the unraveling of the Hollywood studio system - the build-vs-buy shift from developing unknowns to paying established stars

Further reading

Credits

Host: David Deming, Danoff Dean of Harvard College

Executive Producer: Denise Koller Consulting Producers: Tim Smith and Jonathan Palumbo


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