If we don't solve this by 2030, This and including the projected 10% increase in unemployment in the same year will give us another crash.

That is what true "AGI" is.

What are those "augmentative" jobs that fresh CS grads can transition to?

I don't think it's AI primarily, but rather AI is being used as a justification and a blame, and what's a better blame than this new trend that will last years and nothing can be done about it? I think it's just companies' greed, another excuse to lower the wages more and/or use ones who are ok with lower wages. It also has to do with procurement that's already using AI to process applications, with all the negative impacts this will have. I also did notice something when it comes to the job market: mostly those who are suffering are men, not women. I initially thought maybe because of the nature of the jobs, but that wasn't the case. Looking around on LinkedIn, a lot of women are doing product/project management jobs, analytics, business-related roles, even HR and procurement aren't impacted, and I have yet to see a single woman personally or online that was let go because of AI, even jobs in legal work, administration work -none of them are impacted that much. Meanwhile, I personally know several engineers (not software engineers) who are jobless with years of experience, and a LOT of software programmers too! I was discussing this with a friend and he also brought up a new term, "boomers' harems," as in, managers who are mostly old men prefer to hire young women now, and he did support his claim with many examples of fresh graduate girls that are working as engineers in aerospace or similar industries already, and their male classmates are still looking around.

So in conclusion, while AI does have an impact, personally if I would quantify it, it probably won't exceed 25% of the issue. Other factors make up the rest, but everyone is distracted by AI for all sorts of reasons.

what I hate about it the most is, all AI company CEO constantly deny the fact that at least 50% of the jobs will be gone

Well, that’s the makings of revolution.

Even if we take the empirical claims from highly partisan sources at face value, obvious axiomatic problems remain. AI employment doom, like other forms of neoluddism is predicated on a zero-sum view of economics.

As an example, consider the claim, "Steam shovel adoption is destroying entry level jobs in ditch digging"

Yes, we want more productive technologies to be used where applicable. We want workers to specialize and become more productive with less hours worked. This isn't destructive at all. Framing it as such is either deliberately misleading or demonstrates a misunderstanding of basic econ.

Maybe its the secret recession?

AI taking jobs is the biggest bullshit and hype the world has ever seen that been pushed by the likes of Salesforce etc to tell their customers: Look out AI product is so good that we used it ourselves to cut our own workforce. And inside the company walls they whisper to each other : our AI product is such crap that it is really useless and the only way to sell it is to credit our AI for tha layoff and hiring freeze we are doing anyway.

Yeah we the people at silicon valley really care about young people job prospects of course, yeah, who would ever even doubt that.

AI has destroyed salaries and it is destroying jobs. The problem AI actually solves is wages. Why? Because perfection is the enemy of the good. Anyone who still believes AI is not destroying jobs is delusional.