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great, I guess money talks. on the other hand, US is lagging in STEM advancements from k-12 all the way up these decades, only competition can correct the slopp
by ausjke 8y ago
great, I guess money talks. on the other hand, US is lagging in STEM advancements from k-12 all the way up these decades, only competition can correct the sloppiness.
many of the chip designers in USA are not native citizens, which again says, our education system needs a revamp.
- kwaboi 8y agothe US does not have a shortage of STEM workers, the problem is our physics graduates are working web development jobs where thousands of companies are implementing the same CRUD application
- lettergram 8y agoCan attest, only CS BS degree working in a team of 6 other PhDs in various fields
- rb808 8y agoThat's not true! They're not just writing crud apps they're also working in hedge funds and writing ai bots for social media.
- stale2002 8y agoI guess that means that physics isn't that valuable then, and we have an oversupply of physics people. It turns out that the market believes that building CRUD apps is more valuable and useful to society than whatever it is physics researchers do. You are right that we don't have a Stem shortage. Instead we have a Technology shortage, and way too many people are going into these other fields that aren't actually very useful.
- TeMPOraL 8y agoBoth of you are right. The market has a very limited view of what's valuable, and physics is one of those things that don't make the cut.
- throwaway2048 8y agoThe market isnt the ultimate arbiter of what has value.
- ausjke 8y agothis is very concerning, I'm actually encouraging my kids to physics (or chemistry, or biology, or math, i.e. STEM), as I feel so few kids are taking on those majors. on the other hand, more and more are learning programming these days, I recall after 2008(or 2000) some CS departments lost nearly 50% enrollment because coding jobs were saturated then, that may happen again. still, the "safe" way will be good at coding while specializing in some STEM fields(including chip design, which is mostly software tool usage these days). Wall street is another way out, but I don't like it and won't recommend it to kids.
- netzone 8y agoProbably the safest field to get into would be everyday things, especially plumbing. There's no automating that, pipes will always break and new (and old) buildings will always need to manage complex plumbing systems.
- Can_Not 8y agoI wouldn't be surprised if some black swan breakthrough in automated assembly/modularization/mobility of housing in less than 30 years halves the availability of manual plumbing work so that when your children just get 1 to 10 years into that career there is a sudden plummet of pay, possibly combined with an influx of workers coming in from previously wrecked markets.
- yyyr 8y agoThey even setup fabs in Asia for cheaper and more cooperative labors. :<
- zeth___ 8y agoOne of those physics graduates. If research paid above starvation wages I'd do it. But crud pays 10x as much as working on the latest particle accelerator and I can plan more than 1 year in the future.
- DannyB2 8y agoThanks to the MPAA, those STEM graduates could soon have a glamorous dream job screening YouTube video uploads!
- jmngomes 8y agoNot sure if they're working in web development, it seems that a "career" in finance is more likely for most recent STEM graduates: "Catherine Rampell found that in 2006, just before the financial crisis, 25% of graduating seniors at Harvard University, 24% at Yale, and a whopping 46% at Princeton were starting their careers in financial services." in https://www.project-syndicate.org/commentary/the-rent-seeking-problem-in-contemporary-finance-by-robert-j--shiller https://www.project-syndicate.org/commentary/the-rent-seekin...
- jeffreyrogers 8y agoBased on the people I know, most people going into finance from those schools have humanities degrees.
- Karishma1234 8y agoAs China continues to grow economically and far greater supply of young people it is obvious that China is going to advance rapidly in many fields and surpass USA. USA need not be number 1 in everything because it can't. USA however can allow Chinese students to come to USA in much greater numbers and tap their talent. US public education system does not need a revamp. It needs razing down to ground and a complete recreation.
- flyinglizard 8y agoDestructive and inane immigration policies cause US to be a greenhouse for foreign talent, only to then drive them back to their home countries as they are about pay back dividends in the professional market; US loses talent - and at the same time, other countries gain it (it's like a single game outcome decides if you're up 2:0 up or tied 1:1). What would the disgruntled Chinese-born, US-educated engineers and scientist do back home in China if not compete with US?
- eddieplan9 8y agoI know the rhetoric is appealing, but as a Chinese national myself, I have not seen a single STEM person who has left the US for China because of immigration reasons. On the contrary there are plenty of them that have gone to China after securing a US green card. If competing with China for talent is the goal, easeness of doing business and more early stage VC funding - a la “back to 2015” - can help, but it’s not clear those are the right things to do.
- dominostars 8y agoIf we're working with anecdotes I know at least two at the company I most recently worked, when it was still only 300 people.
- kristianov 8y agoGetting a green card and going back to work in China...As a employee, it'll really hurt you financially as you will pay taxes in both countries, and neither of them has low tax rates.