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Originally Posted by Gemini562
Yep, If you're unsure about your financial future because of student debt, it's totally understandable to hit pause on adding more responsibilities.
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If it is an individual, sure.
When it gets to the point where we are now that it is affecting larger and larger shares of the population then we have to take a step back and understand the problem.
Student loans are complex piece of the puzzle as the increased cost of education and the increased debt burden of students leaving colleges and universities are turning students away from seeking higher education. When our country is increasingly in need of highly skilled labor to stay globally competitive.
It will get even worse over the next decade as "AI" becomes even more pervasive. We're going to see the reduction of labor in whole swatches of the labor pool.
The lower skilled the labor the easier it will be for AI to take it over. Even entry level "skilled" labor jobs will also be getting eroded. We need a labor pool with skills that can keep our nation at the forefront of the technology curve, but we can't even get chip factories operational in the US due to a serious lack of skilled labor. We're trying to move chip manufacturing back to the US due to the increasingly realistic risk that China will invade Taiwan and disrupt our access to the chips that are key to everything we do. Yet we can't due to an insufficient labor pool in the nation. That's deeply concerning.
https://arstechnica.com/tech-policy/...-insufficient/
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The Taiwan Semiconductor Manufacturing Company (TSMC) was supposed to have its first Arizona chip factory operational by late 2024 but now has confirmed significant delays. Primarily due to a shortage of technical workers with critical expertise in the US, TSMC projects to finish construction instead by 2025.
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