“For 240 years it’s been a terrible mistake to bet against America, and now is no time to start. America’s golden goose of commerce and innovation will continue to lay more and larger eggs,” Buffet commented. Needless to say, Buffett is referring to several industries, but a few that I think deserves special attention include America’s modern energy infrastructure.
The phrase “national security” brings to mind the goals of keeping our homeland safe from intruders, maintaining a strong military, and encouraging sound foreign policy. These aspects are essential; however, ensuring a top-notch education for our students should also be included in that list.
On Wednesday, the White House announced expansions to President Obama’s TechHire initiative, an effort to train and place Americans, including those in underserved or at-risk demographics, into the half-a-million, well-paying tech positions that employers across the nation are desperate to fill.
As Yogi Berra famously said, “Prediction is a difficult thing, especially about the future.” Predicting the structure of the labor market and U.S. economy in 2040 is a daunting task. But there is at least one thing we should be confident about: the unemployment and labor force participation rates then should be quite similar to the rates of today.
Expanding broadband has been a priority for FCC chairman Tom Wheeler, with advocates arguing that internet access is now essential for low-income households to keep pace with work and school.
The battles for top engineers in the cloud industry are at a fever pitch: Tech titans including Amazon and Oracle are duking it out for talent, often accompanied by snide remarks and one-upmanship. Many cloud engineering jobs now pay between $300,000 and $1 million, in some cases double the amount from five years ago.
The relative unemployability and uncertainty associated with degrees in the humanities has been a popular trope for decades. It used to be the business of the philosophy major’s parents to try to steer their child toward computer science, but now state legislatures are doing their part to influence students’ career choices.
So, what should we as a nation do to address the challenge? First, every secondary school in America should be required to offer computer science, and those classes should count toward core science or math high school graduation requirements. We must also make sure there are robust and sustained programs to train and recruit high-quality computer science teachers.
The ever-inflating Internet of Things (IoT) could get a boost in the form of federal assistance under a bill just filed in the U.S. Senate.