People don't sit still - they move on and change into other things. You tell an engineer that he's done, he'll find something else to do. And he'll stop being an engineer.
Labor markets in general are broken, even when nobody is interfering. You get these shortages, management starts complaining but after a while they start raising rates. Those higher rates attract people but usually it takes time to train. And by the time all those people attracted to whatever finish training, the market crashes and all those jobs disappear. Only people who seem to win are those doing the training. And those few lucky enough to catch the bidding war at the right time.
I replace "LLM" with "Bullsh** Fountain". More like here be manure...
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Date: 2024-05-21 05:00 pm (UTC)Labor markets in general are broken, even when nobody is interfering. You get these shortages, management starts complaining but after a while they start raising rates. Those higher rates attract people but usually it takes time to train. And by the time all those people attracted to whatever finish training, the market crashes and all those jobs disappear. Only people who seem to win are those doing the training. And those few lucky enough to catch the bidding war at the right time.
I replace "LLM" with "Bullsh** Fountain". More like here be manure...