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Labor Shortages: Difference between revisions

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|image=Eric profile picture.jpg
{{#widget:Tweet|id=1207419981140393984}}
|nameurl=https://x.com/EricRWeinstein/status/1130684475392679936
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=The retraining, education, and [[Labor Shortages|“STEM shortage”]] myths are some of the most persistent in our society. Facing them will be unusually painful.
 
Time to bite the bullet anyway.
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1130684033652776960
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Q: Is the key to getting @Kasparov63  back on top over the robots just mumbling “education & retraining” with ever greater conviction?
 
Good for @AndrewYang for pointing out that “The key is more education!” is just a slogan not a plan. He’ll take real heat...but he’s on target.
|quote=
{{Tweet
|image=AndrewYang-profile.jpg
|nameurl=https://x.com/AndrewYang/status/1130486501517778945
|name=Andrew Yang
|usernameurl=https://x.com/AndrewYang
|username=AndrewYang
|content=8% of US jobs are in STEM fields.  92% are not.  If someone thinks they can train 92% of workers for roles presently occupied by 8% of workers they have a rather fanciful view of both people and work.
|timestamp=2:52 PM · May 20, 2019
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|timestamp=3:57 AM · May 21, 2019
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|timestamp=3:59 AM · May 21, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1168723265302364160
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I know of no truly working profession.
 
Medicine: broken.</br>
Law: broken.</br>
Research: broken.</br>
Banking: broken.</br>
Mgmt consulting: broken.
 
You’ll say “STEM, Tech and CS FTW losers!! Woot!!”
 
And I’ll whisper “Bro, thou dost protest way way too much.” Me thinks.
 
https://www.chronicle.com/article/columbia-had-little-success-placing-english-ph-d-s-on-the-tenure-track-alarm-followed-and-the-university-responded/
|media=ERW-X-post-1168723265302364160.jpg
|timestamp=3:11 AM · Sep 3, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205645755014246400
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=If you are interested in how this nauseating game has been played for decades and just how conscious the market tampering is, you should find this rather interesting. It is the national scandal that cannot be fully reported by any major news source:
 
https://users.nber.org/~sewp/references/archive/weinsteinhowandwhygovernment.pdf
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205644360231997440
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Let me tell you the secret as a US PhD in Math: the answer is under-compensation.
 
We got it into our head decades ago that we were entitled to STEM-serfs. So we started a rumor that our own US students are so dumb &amp; lazy that we need STEM visas to protect us from our own kids.
{{Tweet
|image=ForbesScience-profile-sct6pnAl.png
|nameurl=https://x.com/ForbesScience/status/1205015679944007680
|name=ForbesScience
|usernameurl=https://x.com/ForbesScience
|username=ForbesScience
|content=With U.S. students lagging in science, should scientists be elevated to celebrity status?
https://www.forbes.com/sites/marshallshepherd/2019/12/11/should-scientists-be-considered-celebrities-to-inspire-kids/
|media1=ForbesScience-1205015679944007680-ELkTYAoW4AAcATJ.jpg
|timestamp=6:45 AM · Dec 12, 2019
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|timestamp=12:23 AM · Dec 14, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205644361137975296
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Thus began one of the craziest lies in US history: the market couldn’t be used in STEM! Somehow, despite the theory that compensation should rise to direct our efforts, we started lying about scientist shortages. Math was now so critical that STEM PhDs should be practically free!
|timestamp=12:23 AM · Dec 14, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205644362182381568
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=If Math &amp; science are so critical, where are our young PhDs with country homes, sports cars, high ranking jobs, multiple offers from top employers at mouth watering levels inducing envy from lawyers, management consultants &amp; investment bankers?
 
Now watch your reaction to that Q.
|timestamp=12:23 AM · Dec 14, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205644362836668416
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=You‘re probably thinking: “Why should math &amp; science folks need all those toys, money, security &amp; freedom for their families? They should be happy to work for much less!”
 
Well the market says otherwise. The market says that analytic skills are fungible and we can’t accept that.
|timestamp=12:23 AM · Dec 14, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1205644363461607424
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=And with your reaction you have your answer: we have weirdly decided that STEM talent should work for our national wealth and security but should not unapologetically participate in the power, freedom and pleasure they provide for everyone else. They are STEM serfs to be used. 🙏
|timestamp=12:23 AM · Dec 14, 2019
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|timestamp=12:28 AM · Dec 14, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207672292437684224
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=They are not thinking they are trying to destroy it. They are thinking that they are entitled to interfere with the wage mechanism. Which they have conspired and lied to do. Sir.
|thread=
{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207419981140393984
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I want everyone to remember who is deliberately destroying STEM R&amp;D in the US. It’s America’s scientific employers conspiring within the national science complex to flood the market for almost 50Yrs by tampering with the wage mechanism to undermine scientist leverage.
April 1990:
|timestamp=9:58 PM · Dec 18, 2019
|media1=ERW-X-post-1207419981140393984-EMGeEc6U0AQdlqV.jpg
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207419983564640257
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Here is what no one will say:
 
If you’re too weak to demand US-market level compensation for your family, you‘re too weak to tell an exploitative advisor to buzz off when you’re right. You‘re too weak to do US style science &amp; challenge orthodoxy.
 
You‘re too weak to do the job.
|timestamp=9:58 PM · Dec 18, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207419984944611328
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=It’s MUCH more important to have strong scientists managing real risk than to fetishize anything else. There is no way to measure, manage or price control breakthrough science.#
 
The only way to screw up US science is to undermine bargaining ability.
 
Which we’ve done for >45Yrs.
|timestamp=9:58 PM · Dec 18, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207422417859043328
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=The national science complex lives by tricking each generation into believing massive opportunity is just around the corner. But the market is always flooded.
 
And no one will seriously report the idea that the Science Complex is built around this lie, which killed our vitality.
|timestamp=10:08 PM · Dec 18, 2019
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{{Tweet
|image=AlexKontorovich-profile-zVUQgm8m.jpg
|nameurl=https://x.com/AlexKontorovich/status/1207656992459939840
|name=Alex Kontorovich
|usernameurl=https://x.com/AlexKontorovich
|username=AlexKontorovich
|content=Let me see if I follow: the NSF is actually not supporting science/innovation but working actively to destroy it by ... "flooding" the market (and lowering STEM wages) with foreigners? I would usually ignore such nonsense, but you call yourself a "math guy," so what's your proof?
|timestamp=1:40 PM · Dec 19, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207671203441172480
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=First of all, “such nonsense” is a pretty disappointing indication from a Math PhD asking for “proof.” That’s not how we do things in math. If you claim it is nonsense sir, what is your proof?
 
Second of all, with that out of our way. Let’s try again. Nice to meet you, Alex.
|timestamp=2:37 PM · Dec 19, 2019
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1207671496379777024
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Lastly: https://users.nber.org/~sewp/references/archive/weinsteinhowandwhygovernment.pdf
|timestamp=2:38 PM · Dec 19, 2019
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|timestamp=2:41 PM · Dec 19, 2019
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=== 2020 ===
=== 2020 ===