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
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- IP: Re:"We don't have the raw talent we need to be on the cutting edge" David Farber (Jul 22)