Interesting People mailing list archives

IP: Re:"We don't have the raw talent we need to be on the cutting edge"


From: David Farber <dave () farber net>
Date: Sun, 22 Jul 2001 12:30:22 -0400



er: jnoble () pop dgsys com
Date: Sat, 21 Jul 2001 21:57:19 -0400
To: farber () cis upenn edu, ip-sub-1 () majordomo pobox com
From: John Noble <jnoble () dgsys com>
Subject: Re: IP: "We don't have the raw talent we need to be on the
 cutting   edge"

What a cast. New Economy evangelist Paul Romer warns that American students
are opting out of narrow and deep technological specialization. Stan
Williams observes that foreign students are filling the gap. "Visionary" VC
John Doerr attributes the tech crash to an "innovation shortfall". And your
correspondent, Mr. Ollikainen, pulls it all together, complaining that
older, more experienced, and presumably more American R&D talent is being
replaced by younger, less experienced, and presumably cheaper foreign
talent. If I had to rank the cast in terms of wealth, fame, power,
influence, and job security:

1. Doerr
2. Romer
3. Williams
4. Ollikainen

If I had to rank the cast in terms of depth of knowledge in a specialized
field:

1. Ollikainen
2. Williams
3. Romer
4. Doerr

Missing from the cast is the H1B visa-holder, an ambitious foreigner who
can significantly enhance his opportunities and improve his standard of
living by coming to the U.S. to join the "New Economy." But he's not going
to get Doerr's job, or Romer's; he's going to get hired by Williams to
replace Ollikainen when Doerr demands cost-cuts because Romer's "New
Growth" still gets measured by the Old Math. (I mean no disrespect to Mr.
Ollikainen, who may be irreplaceable -- I'm using his name as a placeholder
for the concern he expressed about job security for older workers on the
front line of R&D.)

So, if you're an American student, where are you going to place your bet on
our knowledge-driven "New Economy"? On a Ph.D in Computer Science with a
master's thesis in nanotechnology, or on an MBA? As for the concern that
Williams' under-45 researchers may leave and take their ideas with them
when their visas expire, I'm guessing that the patent applications relating
to the use of molecules as circuits have been assigned to HP.

John Noble



For archives see: http://www.interesting-people.org/


Current thread: