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The cost of assets (especially housing, schooling, and health care) is a huge problem, and your example is a poignant one. More funding could sway a few people
by ecshafer 1y ago
The cost of assets (especially housing, schooling, and health care) is a huge problem, and your example is a poignant one. More funding could sway a few people in that pipeline to go towards semi-conductors, but the majority of workers aren't Jane Street quality, they are technicians and engineers doing lots of highly skilled "grunt" work.
Personally I think the other half of the problem, Big Tech paying so much might be solving itself right now, excepting really only the very very top.
- beachtaxidriver 1y agoThis right here. When Silicon Valley was cheap enough to live in that people could casually start a company in their garage... Then people didn't have to relentlessly optimize for short term comp. Today you have to work at FANG to afford a garage in the Bay area.