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Thank you for trying to keep the politics out. Do we really need more Steve Jobs's? Based on his examples it looks like Friedman is asking for more engineers i
by BearOfNH 17y ago
Thank you for trying to keep the politics out.
Do we really need more Steve Jobs's? Based on his examples it looks like Friedman is asking for more engineers instead. The USA can of course import more engineers, e.g., statistically India probably has 4 Steve Jobs types but maybe 400,000 engineer types.
On the other hand, there are a lot of unemployed American engineers who can't find work currently so that's not likely the solution either.
Given that YC applications always exceed the funding slots, I suspect what we really have here is a shortage of capital. For Obama, that actually makes the problem easier to solve: increase funding for NSF and (say) NIH, i.e., promote science and health. To fund this I would suggest we take money away from NEA and CPB (arts and public broadcasting) not because I'm Pat Buchanan, but to incentivize students away from those areas into more productive fields, as implied by Obama and Friedman.