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He does frequently bring up retraining, but in the context that government-sponsored retraining programs have between a 0% and a 15% success rate. E.g. the grad
by Alex3917 8y ago
He does frequently bring up retraining, but in the context that government-sponsored retraining programs have between a 0% and a 15% success rate. E.g. the graduation rate for former military employees who then go to college is 0%.
So retraining isn't a solution to jobs being lost by automation and even if we get significantly better at retraining it's still probably not a solution.
- bazooka_penguin 8y agoAre there any retraining programs that have more than a 50% success rate? Has retraining ever been a realistic option for job loss? Seems more likely the next generation would make up for the lost jobs on paper
- beat 8y agoNope. Retraining has never worked. Yang is quite explicit about that.
- eghad 8y agoAnd he's wrong. Retraining has been effective in several European nations like Germany, Sweden, and Switzerland, especially for older adults (there's a reason even DeVos and Trump name drop them). The fundamental difference (from the US programs attempted in the past) primarily lies in the amount of money per worker spent and the level of state control/centralization. Furthermore, companies there seem actively enthusiastic about ensuring they have a skilled population pool in the future regardless of the short term ROI. Personally I think the 2017 tax cuts should be rolled back for a lot of industries and used as an incentive for companies to develop proper apprenticeship programs and collaborate with universities/community colleges/trade schools to teach the exact skills they're looking for.
- notfromhere 8y agoPeople don't have that kind of elasticity on skills, the ability to retrain a 20 year old and 50 year old are very different
- elliekelly 8y agoI always hear about these “retraining programs” but I’ve never met anyone who has done one. Where do these programs even happen? What are they training people to do? Is it offered to people who file for unemployment or meant to be more proactive?
- abecode 8y agoI teach data science at a masters programs (University of St Thomas graduate programs in software in the twin cities) and we have some students who are part of retraining programs. Apparently if a big company lays off a significant chunk of workforce and off-shores it, there are programs funded through corporate taxes that the laid off workers can use to go to school. The students in my anecdotal experience (2 semesters so far) are pretty good. I think there must be more than one such program because some students required a sign off from me but others didn't. It's just a few students that I know of so it's not a super large scale but it's nice to know that such programs exist at least.
- elliekelly 8y agoVery interesting, thanks for sharing. I'm pleasantly surprised to hear the programs include such high-level courses.
- mattkrause 8y agoCan you back that zero percent number up with any sort of data? This article https://www.theatlantic.com/education/archive/2017/04/why-is-the-student-veteran-graduation-rate-so-low/523779/ https://www.theatlantic.com/education/archive/2017/04/why-is... says that the number isn’t even officially tracked, though it’s probably low. However, it also points out some places do manage to graduate a decent proportion of veterans, so it might be a matter of finding the right approach rather than an impossibility.
- chillacy 8y agoI'd be interested to know how many of those vets end up getting a job after they graduate though, other retraining programs measure job retention as opposed to program completion.
- drharby 8y agoI fear your military stat is inaccurate and taken out of context, making it meaningless for any inference on this matter. Military population jas a selection bias for people with high thresholds of tolerance for difficult tasks amd by end of training usually have otjer confounding factors affecting their graduation, ie. Ptsd, lack of purpose, loss of fraternity, etc.
- eghad 8y agoYou're going to need to provide a source for your claims that 0% graduate. A handful of my classmates from Carnegie Mellon were veterans (some with trauma) and all graduated within the typical timeline. The NVEST report from 2017 on student veterans [0][1] show an approximate 54% graduation rate within 6 years (18% were still enrolled, 28% dropped out) greater than the general averages. While the washout rate for 2 year programs is particularly high, your idea that retraining isn't achievable is flawed. [0]https://nvest.studentveterans.org/wp-content/uploads/2017/03/NVEST-Report_FINAL.pdf https://nvest.studentveterans.org/wp-content/uploads/2017/03... [1]https://www.theatlantic.com/education/archive/2017/04/why-is-the-student-veteran-graduation-rate-so-low/523779/ https://www.theatlantic.com/education/archive/2017/04/why-is...
- chillacy 8y agoIf they got into CMU they're already the cream of the crop. The low rate covers all the other people who never made it to CMU, dropped out of the labor force and got onto disability.
- DuskStar 8y agoThe NVEST numbers (54%) include everyone though.
- chillacy 8y agoI see, I missed the part where it was veterans. I'm not informed enough to know why that program's success is so much higher than the ~37% success for manufacturing workers or Michigan's No Worker Left Behind (30% unemployment vs 40% for those not retrained). If I had to guess, it could be because vets are younger and more able to learn new things, or it could also be that measuring graduation rates is different than measuring employment (plenty of college grads don't find employment in their field of study).
- Alex3917 8y agoHmm apparently I'm just wrong. I could have sworn there was a Wired article about this from a few years ago, but I can't find any evidence of it online or in my notes or in my previous HN comments.
- esahione 8y agoLol @ software engineers complaining about ageism and at the same time thinking retraining a 50yo truck driver is a reasonable solution
- haukilup 8y ago> Lol @ software engineers complaining about ageism and at the same time thinking retraining a 50yo truck driver is a reasonable solution I'm not sure who these software engineers are. Anonymous online comments are unlikely to be a good source of determining how many people truly believe what you seem to think some of them believe. Is retraining a 50yo truck unreasonable? Retraining them to become a software developer is probably unreasonable for most. But what about other jobs and types of labor? What about training them in more general skills that are valued in today's workplace and economy, as a part of a broader approach to tackling the issues facing the job market and economy?