And if they're not impacted, I guess that logical follow-up is: should new grads focus their efforts on being a ML engineer then?
My impression is that there's more demand for ML-oriented roles than for engineers in general, but it's still a poor job market compared to pre-2020. I hear from recruiters occasionally but mostly just dubious startups. The companies I interact with (mid-sized non-tech) are reluctant to hire anyone for any reason, even though management is full of ideas for new AI products.
I don't think I can offer advice on whether new grads should focus on it or not. In the short term it might be a really good move, especially if you're unusually talented, but if everyone is doing that and then the hype dies down a bit you might end up in a tough spot.
I told them to go more general skill or join/start a company but they’d rather just not broaden their horizon /shrug
Another friend who was experienced ML engineer is now a mobile engineer.
2. Overall market dynamics still apply - the increase from 1. is relative to the market i.e. if the market has been tough for other roles like frontend for example, it has been less tough for MLEs because they work on the thing that's exciting at the moment.
3. Should new grads focus on it? New grads will likely have a difficult time regardless of what they decide to do - maybe in a couple of years there won't be excitement around AI/ML, maybe there will be more, maybe something else will be hot. The overall market almost certainly be different, and that could be for the better or worse.
Hard to predict the future. Whatever you decide to do early in your career, know that you're not married to it forever. Develop general skills that can be applied in many areas.