Field note · Class of 2026 · May 2026

The mood among new grads is rough.

A short field note from a research conversation with fresh graduates from Cornell University. Not anxious about AI. Cheated by it. Filed in the same news cycle as Meta's 8,000-person layoff and a wave of commencement-speech boos.

Read the note Sources
They're not anxious about AI. They feel cheated by it.
From the conversation · Cornell · May 2026
§ The note

What we heard sitting down with them.

Published first on LinkedIn. Reproduced here as a field note, lightly formatted for the page.

The mood among new grads is rough. I've never seen folks this demotivated heading into the job market.

As part of our research on AI deployment, we sat down with some fresh graduates from Cornell University. Honestly? A few things came up that I think are worth sharing.

You could see it the moment we walked in. The second they realized we were there to talk about AI, the faces shifted. Arms crossed, smiles got tighter, energy dropped. We were the "AI people," and that clearly wasn't a good thing to be. It softened as the conversation went on, once it was clear we were there to listen rather than pitch them on something. But that initial reaction stuck with me.

The word that kept coming up was "robbed." These are folks who spent four years (and a small fortune) building skills for careers that, in their words, got replaced before they even got a shot. They're not anxious about AI. They feel cheated by it.

And yesterday's headlines really aren't helping:

→ Meta started notifying around 8,000 employees of layoffs on Wednesday, explicitly framed as a way to fund the company's AI push, with another 7,000 folks getting shifted into AI-focused teams.

→ At graduation ceremonies across the country, speakers are getting booed the moment they bring up AI. Eric Schmidt at the University of Arizona. A speaker at UCF calling AI "the next industrial revolution." A music exec at Middle Tennessee State. At Glendale Community College, an AI system butchered or skipped student names entirely, and the crowd booed the president when she blamed the tech.

This isn't a generation that's "afraid of change." This is a generation reacting to how AI has been sold to them.

One thing worth sitting with: the official marketing across the industry says "copilot" and "augment." But the signal folks are actually receiving is replacement. CEOs talking about not backfilling roles. Headlines about agents that "do the work of an entire team." Layoffs explicitly tied to AI investment. You can call it augmentation in the product copy all you want, but if every adjacent story is about displacement, that's the message that lands.

These students aren't wrong to feel what they're feeling. They picked majors, took on debt, and showed up ready to work, and the world they're walking into looks pretty different from the one they were promised. "Adapt" is the word that comes up most often in conversations about how this generation should respond, but what that actually looks like in practice is still an open question.

Curious if others are hearing similar things from the Class of 2026.

§ Backdrop · The week this was filed

The two stories running underneath.

Two news items from the same week the conversation took place. Either alone is notable. Together, they explain a lot of the mood in the room.

20 May 2026 · Meta · global

8,000 layoffs to fund the AI push

Meta began notifying around 8,000 employees on Wednesday, roughly 10% of the company's workforce. CEO Mark Zuckerberg's internal memo framed the cuts as a way to fund Meta's AI investment, with another 7,000 employees being redirected into newly created AI-focused teams (Applied AI Engineering, Agent Transformation Accelerator XFN, Central Analytics). Singapore was notified first at 4am local time, then the UK and US. Meta's projected 2026 capital expenditure: $125–145B, more than double 2025.

May 2026 · US universities

Commencement speakers booed for mentioning AI

Multiple incidents in the same graduation season. Former Google CEO Eric Schmidt at the University of Arizona, booed repeatedly when likening AI to the rise of the computer. Real estate executive Gloria Caulfield at UCF, drowned out for calling AI "the next industrial revolution." Music executive Scott Borchetta at Middle Tennessee State, booed mid-sentence about AI rewriting production. And at Glendale Community College, an AI-driven name reader skipped or mispronounced hundreds of graduates' names; the crowd booed the college president for blaming the tech.

§ Sources

The paper trail behind every claim.

Where the news in the backdrop came from. The conversation itself is on file; nothing in the field note above is attributed to a named individual.

01 Meta slashes 8,000 jobs as it pivots towards AI NPR · 20 May 2026 02 Zuckerberg's Meta layoffs memo: "Success isn't a given" in the AI era CNBC · 20 May 2026 03 Meta cuts 8,000 jobs in sweeping global layoffs Al Jazeera · 20 May 2026 04 Why AI is leading to boos at 2026 college graduations NPR · 20 May 2026 05 The new college graduation ritual: booing AI Axios · 19 May 2026 06 Former Google CEO Eric Schmidt booed during graduation speech about AI NBC News · May 2026 07 Controversial commencement season sees students rain boos on speakers U.S. News & World Report · 18 May 2026 08 AI keeps getting booed at 2026 commencement speeches Fast Company · May 2026
§ Companion report
The AI Reckoning · the wider deployment picture
Where this field note captures a moment, the report sits behind it — the safety, security, adoption, and labour data of what frontier-AI deployment has actually produced so far. Read them together.
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