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> On average more interest does not equate on average more skilled within the interested population. But it might impact supply and demand of applicants with a
by ralfn 9y ago
> On average more interest does not equate on average more skilled within the interested population.
But it might impact supply and demand of applicants with a certain background (either educational or self-study). Companies can take responsibility for the demand, but not the supply of human capital. Solutions are more likely found within education, family and youth culture. The top tier companies (like Google) can't hide behind that fact, since they generally get first pick, but that would make it even harder for lower tier companies to uphold an effective diversity policy.
There may be a strong business opportunity to exclusively invest in and hire minorities. If you have (a lot of) money and believe minorities to be discriminated against due to culture, hiring policy or financial rewards, it logically follows that you should invest in minorities. You would get, on average, better people that are more competitive.
Nothing argues quicker than profit. And the end of the day, we live in a capitalistic society. The economic arguments are the only types of arguments that will change anything.
If the invisible hand of the free market has a bias where it does not properly allocate its resources for maximum profitability, go bet against it and get rich.