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by launchloop
908 days ago
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Difficult to have a sensible conversation about “shortages” without also talking about prices. As a contrived example - If I want to hire an expert to design a data center. If I offer to pay $1000 for the job, I probably won’t get any takers. Does that mean there is a shortage of talent in this market? Is it actually rational to demand or expect that society/government produce more data-center designers until the cost of their labor falls to my liking? Some numbers we do have in the post are $8.5tn revenue at risk and 40m unfilled jobs. $8.5tn / 40m = $212.5k of revenue per job. And keep in mind that is claimed _revenue at risk_ not profits after paying salaries, benefits, and taxes. |
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