TL;DR Tech internship postings fell 30% since 2023. AI now handles the tasks companies used to give interns. The entry-level pipeline is breaking. Katelyn Watterson owes her career to a summer internship. As a student at American University, she spent a summer working for a high-end beauty brand in New York. Her boss offered her a full-time job over drinks at the Plaza Hotel. Almost two decades later, Watterson runs her own marketing agency, Fifty Six. At times, she managed as many as eight interns. She enjoyed mentoring them and opening doors for the next generation. Then AI arrived. The hours she spent tracking down unfinished work and teaching college students professional basics started to add up. Meanwhile, AI could do more and more of the tasks she delegated to interns, and faster. Bloomberg reports that Watterson’s story is becoming the norm, not the exception. The data confirms it. A Drexel University annual survey shows that the number of companies scaling back internship programmes is growing.…