Jobs were in the center spotlight in this year’s election. Donald Trump used it as a weapon against Hillary Clinton to mobilize the many millions of voters who felt as though technology, immigrants and free trade had left them behind. Clinton suggested spending hundreds of billions to upgrade our infrastructure and make state colleges and universities tuition-free.
When tech talent is in short supply, the perceived value of graduate school shifts. For employers, the need to reach out and recruit graduate students before they sign elsewhere is greater, while fewer IT pros may see the need to go back to school to get ahead. But top engineering graduate schools offer a different equation, one where demand -- whether for the degree or for those holding the degree -- is always regardless of overall IT talent supply.
In 1964, a group of professors, activists, and scientists put together a report that warned US President Lyndon B. Johnson of three impending threats, including a “Cybernation Revolution” that would put massive numbers of people out of work. The committee included a list of recommendations for staving off each crisis. Number one was “a massive program to build up our educational system.”
In an exclusive CNBC interview, Jack Ma, Alibaba executive chairman, talks to CNBC's David Faber about artificial intelligence and employment.
"The new wave is coming. Jobs will be taken away," Ma says. "Some people, who catch up [with] the wave, will be rich, will be more successful." But for those who fall behind, says Ma, the future will be "painful." At the heart of the fast-approaching technological new age, Ma says, is data. According to his projections for the future job market, skills associated with data and its analysis will become extremely valuable.
President Trump on Thursday vowed to cut back on "job-killing" regulations on the tech industry in a meeting with business executives. Trump met with leaders from the drone and broadband industries at the White House, the latest event in the administration's "tech week." “We want to remain number one in certain areas,” Trump said. “We’re going to give you the competitive advantage that you need."
What is happening here? Americans love science and technology. We flock to see "Star Wars." Who hasn't said, "May the Force be with you" in their lifetime? Yet, even for successful high school graduates, the reality can be dark. The growth of STEM jobs is outpacing the number of qualified university graduates. Why is the Force hiding from us?
President Donald Trump signed an executive order Thursday that will cut back the federal government’s role in creating and monitoring apprenticeship programs, a move that the White House says will help fill vacant jobs.
America's corporate tax system is broken, posing a long-term threat to investment, innovation, and job creation in the United States. The U.S. has the highest corporate tax rate in the developed world – higher than France, Brazil, Venezuela, and dozens of other nations. As a consequence, there are $3 trillion in earnings from U.S. companies locked overseas that otherwise could be invested in the American economy. This makes no sense. Our tax laws should encourage investment here at home.
It has become an article of faith that workers today are experiencing almost unprecedented levels of labor-market disruption and insecurity: Robots are automating factory jobs, kicking lunch-pail workers into the unemployment line. Taxi drivers are being displaced by Uber. Artificial intelligence is even taking over some of the tasks that lawyers and doctors used to do.