Restrictions on trade and immigration will not deter the march of technology. A study by McKinsey shows that more than 50% of the time spent at work today involves routine physical labor, data collection and data processing. Nearly all of this work can be automated. And the safer jobs of today -- jobs that involve human interaction -- may become automated in the future.
As technology advances, there is also an increase in cyber security threats, which become more and more complicated as well. The sad, reality, however, is that the number of cybersecurity professionals with the skills to combat the growing threats is limited. This problem, of course, has a solution which lies in STEM education.
Senate Republican High-Tech Task Force Orrin Hatch on Thursday said he plans to introduce legislation to update the visa system for highly skilled immigrants. The Utah Republican said he is working on an update of his 2015 Immigration Innovation Act, or I-Squared, and plans to put forward the legislation "in the near future.”
As congressional leaders and the president continue discussing ways to stop the number of American jobs leaving the U.S., some believe innovation is the key to slowing this economic trend. In Chihuahua City, Mexico, there is a huge manufacturing base filled with American companies. What's there is a mix of big manufacturers such as Ford and Honeywell and the companies supplying those operations.
GE has announced goals of having 20,000 women to fill STEM roles at GE by 2020 and obtaining 50:50 representation for all our technical entry-level programs. The program will significantly increase the representation of women in its engineering, manufacturing, IT and product management roles -- a strategy necessary to inject urgency into addressing ongoing gender imbalance in technical fields and fully transform into a digital industrial company.
The prevailing narrative says automation was the main culprit behind U.S. manufacturing job losses in the early 2000s, and that automation is now powering an unprecedented manufacturing technology revolution that will continue to displace jobs. But the truth is trade pressure and faltering U.S. competitiveness were responsible for more than two-thirds of the 5.7 million manufacturing jobs lost between 2000 and 2010. And rather than entering a “fourth industrial revolution,” U.S. manufacturing productivity growth now is actually near an all-time low.
The H-1B lottery favors large firms. In the 2015 fiscal year, for instance, the top 10 firms received 38% of all the H-1B visas in computer occupations alone. All these firms, except for Amazon and to a partial extent IBM, are outsourcers. These large companies have the resources to submit enough visa applications to help ensure they receive a bare minimum of approvals. The top 20 firms in 2015, which included more of a mix of outsourcing and technology firms, accounted for 46% of all the computer-occupation visas.
The Cartwright School District is working to bridge the gap between its students and STEM education to encourage more Latinos and young women to pursue careers in Science, Technology, Mathematics and Engineering, or STEM. The district has partnered with the Arizona STEM Network, a non-profit organization that works to graduate more students who are prepared for jobs in STEM fields.
Offshoring production from the United States to factories overseas has arguably done a lot of damage to the U.S. economy. Over the last three decades, the trade deficit ballooned and millions of American manufacturing jobs were lost. And with those jobs, according to analysts, America also lost some of its innovative edge.
It’s true that the science, technology, engineering, and math (STEM) fields have historically been more populated with men compared to women—but that’s changing. Schools and businesses are increasingly encouraging women to enter these fields. And those who do find professional and personal rewards that can be difficult to achieve in other industries.