Comment by mensetmanusman
Comment by mensetmanusman 11 hours ago
This is a good use of government due to the existing dynamics.
Instead of only funding universities, provide lower risk curves for hiring juniors where the jobs are.
The big issue is the game theory of first mover disadvantage at play.
Whoever trains the junior loses all the investment when the junior jumps ship. This creates a natural situation of every company holding until the ‘foolish ones’ (in their eyes) waste resources on training.
Second mover advantage is real. This is what the government can fix.