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>First, despite constant media reports saying otherwise, there is no major talent shortage expect in very few niches. "Shortage" is not the right frame of refr
by fauigerzigerk 10y ago
>First, despite constant media reports saying otherwise, there is no major talent shortage expect in very few niches.
"Shortage" is not the right frame of refrence here, because it implies a fixed-size pie. Having an educated population tends to grow the pie for everyone (on average over a longer observation period).
It's not like there is a fixed number of jobs mined from the soil of each country. This sort of flawed thinking is at the core of most "immigrants are taking our jobs" sort of fears.
- biswaroop 10y ago>It's not like there is a fixed number of jobs mined from the soil of each country. This is so true. It applies to any system with competition. People tend to treat things like jobs and startups like natural resources, and tend to assume that competition is necessarily bad. In reality, feedback processes and strong interactions between players turn economies into highly unpredictable emergent phenomena. It's more like a flock of geese than an elementary chemical reaction. For such large systems, it's hard to tell what the Nash equilibrium is, and whether it matches with the optimum global outcome. Animals (especially humans) have evolved to cooperate well in small groups (e.g. tribes, families). Over larger scales (e.g. countries, between language families), we have a strange balance between distrust, competition, and compassion.
- JoeAltmaier 10y agoI agree. I've had 10 jobs in my life, and only 2 were regular employment. There rest? I invented them. They didn't exist until I approached someone and said "This is what I can do for you".