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the 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 implemen
by kwaboi 8y ago
the 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.