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The Job Market Just Flipped

Last week, Anthropic released AI that drafts legal contracts, analyzes balance sheets, and writes production code. Cost? ₹16,000/month. That’s what companies paid ₹50,000/month employees to do.

What this means if you’re graduating in 2026:

Campus placements are already down 30-40% at top colleges. Companies aren’t hiring fewer people because they’re struggling—they’re hiring fewer because AI replaced the work.

But here’s what most students miss: AI didn’t eliminate jobs. It eliminated tasks. The companies still need people—just different skills.