SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (181105)5/13/2005 9:20:40 AM
From: Amy J  Read Replies (1) | Respond to of 186894
 
RE: "Then the talent will go toward something else."

Isn't that the concern for hightech right now?

Many smart people wanted to be in hightech before the downturn and offshoring.

Now, you don't hear a single engineering parent say they want their child to enter engineering, unless their NAV is over a certain amount to absorb the risk.

Sometimes when you talk to people that work in the medical industry, you realize how competitive engineers are in hightech when it comes to mathematical concepts. The closest thing that comes to this in the medical community are the stem cell scientists, whose mathematic capabilities (esp combinatorics, their knowledge of medical research material to apply) are quite impressive and visionary, quite similar to engineers. These are not the "find a nail to hammer" typically found in medicine. But they are like engineers that invent.

Several of us were noticing this. We think it's because engineering has always been highly competitive in the industry - grad schools were continually fed top talent from many countries and there wasn't an American Medical Association restricting the number of engineers that could enter the field, thus engineering as an industry has always been more competitive for an engineer to remain in the industry. Meanwhile, an artificially induced shortage of doctors by AMA may mean they hire anyone with a pulse that shows up to work. Doctors don't have to compete globally like engineers - it's not like you can offshore a doctor's job.

Engineering talent has been pretty smart because it attracted the best.

But what now?

Regards,
Amy J