{"id":1281913,"date":"2024-05-25T09:13:00","date_gmt":"2024-05-25T03:43:00","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1281913"},"modified":"2024-05-25T09:13:21","modified_gmt":"2024-05-25T03:43:21","slug":"7000-iit-freshers-still-jobless-as-chatgpt-ai-sucks-away-jobs-sos-sent-to-alumni-corporates","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/7000-iit-freshers-still-jobless-as-chatgpt-ai-sucks-away-jobs-sos-sent-to-alumni-corporates\/","title":{"rendered":"7000 IIT Freshers Still Jobless As ChatGPT, AI Sucks Away Jobs; SOS Sent To Alumni, Corporates"},"content":{"rendered":"\n<p>Over 7,000 students from the Indian Institutes of Technology (IITs) remain unplaced by the end of the placement season for the academic year 2023-24.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"465\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-2.png\" alt=\"7000 IIT Freshers Still Jobless As ChatGPT, AI Sucks Away Jobs; SOS Sent To Alumni, Corporates\" class=\"wp-image-1281926\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-2.png 1000w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-2-300x140.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-2-768x357.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p><strong>Institution Reached Out To Alumni To Aid In Placement Efforts<\/strong><\/p>\n\n\n\n<p>The figures came to light in response to a RTI application filed by IIT Kanpur alumnus Dheeraj Singh.<\/p>\n\n\n\n<p>These findings are mainly focused on highlighting the growing struggle for graduates across all 23 IIT campuses to secure employment, as per a recent media <a href=\"https:\/\/economictimes.indiatimes.com\/jobs\/fresher\/chatgpt-effect-7000-iit-students-still-jobless-as-placement-season-ends-institute-sends-sos-to-alumni-for-help\/articleshow\/110362148.cms\">report<\/a>.<\/p>\n\n\n\n<p>In the current situation, IIT Delhi has reached out to its alumni network to get some help in placing the current batch of graduates.&nbsp;<\/p>\n\n\n\n<p>It appears that approximately 400 students at IIT Delhi are still jobless.&nbsp;<\/p>\n\n\n\n<p>To resolve this situation, the institution has requested alumni to offer jobs, provide referrals, or extend internship opportunities to assist these students.&nbsp;<\/p>\n\n\n\n<p>Saying, &#8220;On behalf of the Office of Career Services (OCS) at IIT-Delhi, we appeal to you to consider extending a helping hand to our students.&#8221;<\/p>\n\n\n\n<p>Following the lead, other IIT institutions such as the Birla Institute of Technology and Science (BITS) and IIT Bombay have also approached their alumni for support.&nbsp;<\/p>\n\n\n\n<p>Earlier, The Birla Institute of Technology and Science initiated contact with its alumni around two months ago.<\/p>\n\n\n\n<p>With all these efforts, about 10% of the graduating class or 250 candidates from IIT Bombay are yet to secure placements until the end of June.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Would This Happen?<\/strong><\/h2>\n\n\n\n<p>The decline in placements to broader economic and technological factors, as highlighted by V Ramgopal Rao, BITS group vice-chancellor.<\/p>\n\n\n\n<p>Noting, &#8220;Everywhere, placements are 20% to 30% lower. If some institute is saying all students have been placed, the quality of jobs leaves much to be desired.&#8221;<\/p>\n\n\n\n<p>Further Rao remarks on the impact of ChatGPT and large language models on job markets, adding, &#8220;If two people can do the work of three people, we are already 30% down in hiring.&#8221;<\/p>\n\n\n\n<p>Besides this, Dheeraj Singh&#8217;s&nbsp; RTI data also underscores the increasing challenges.<\/p>\n\n\n\n<p>Adding, &#8220;Over 7,000 IIT students are yet to be placed via campus placement this year across all the 23 IITs. Two years ago, this unplaced number was half at 3,400.&#8221;&nbsp;<\/p>\n\n\n\n<p>Interestingly, the number of students participating in placements has risen by 1.2 times.<\/p>\n\n\n\n<p>In similar manners, the number of unplaced students has doubled.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 7,000 students from the Indian Institutes of Technology (IITs) remain unplaced by the end of the placement season for the academic year 2023-24. Institution Reached Out To Alumni To Aid In Placement Efforts The figures came to light in response to a RTI application filed by IIT Kanpur alumnus Dheeraj Singh. These findings are [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":1281926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1666,76,422],"class_list":["post-1281913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-freshers","tag-iit","tag-jobs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>7000 IIT Freshers Still Jobless As ChatGPT, AI Sucks Away Jobs; SOS Sent To Alumni, Corporates - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/7000-iit-freshers-still-jobless-as-chatgpt-ai-sucks-away-jobs-sos-sent-to-alumni-corporates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7000 IIT Freshers Still Jobless As ChatGPT, AI Sucks Away Jobs; SOS Sent To Alumni, Corporates - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Over 7,000 students from the Indian Institutes of Technology (IITs) remain unplaced by the end of the placement season for the academic year 2023-24. Institution Reached Out To Alumni To Aid In Placement Efforts The figures came to light in response to a RTI application filed by IIT Kanpur alumnus Dheeraj Singh. 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