Earlier quoted context omitted.
Spot on. (d) in particular is worth stressing. There is no difficulty in attracting and retaining talent. There is simply an unwillingness to pay them what they're worth and give them an environment in which they'd want to work. Supply and demand. It's pretty simple. Yet so many (typically business types) want to treat engineers as an interchangeable cost center. "5 years ago an engineer cost $100k so I refuse to pay…
Hi! This is the Market Economics Fairy! I help supply and demand equilibrate everywhere! If nobody can find good programmers to hire, it means that programmer salaries are too low! Raise programmer salaries until... ...erm, actually, students are remarkably goddamn insensitive to their future salaries when it comes to picking a major. And the other way S&D could equilibrate here is by fewer companies even trying to h…
Two years ago we appeared to have discovered an exciting and enigmatic new predictor of success in a first programming course. We now report that after six experiments, involving more than 500 students at six institutions in three countries, the predictive effect of our test has failed to live up to that early promise.
http://www.eis.mdx.ac.uk/research/PhDArea/saeed/paper3.pdf
Also, assuming this were not the case, it's hardly clear that searching for magic programming gear is a commons problem. Why couldn't Google/Facebook administer the simple tests and keep the results secret?
I forgot, they already try to do this, but it doesn't give them enough applicants: http://www.mentalfloss.com/wp-content/uploads/2008/02/Google... http://www.facebook.com/careers/puzzles.php
Or why couldn't a trusted third party, like Microsoft, Cisco or Red had charge journalism majors/unemployed adults to take the test?
I forgot, they already try to do this, but they just don't do a very good job and their tests have little predictive power: https://learningnetwork.cisco.com/community/certifications/c... http://www.microsoft.com/learning/en/us/certification/mcse.a... http://www.redhat.com/certification/rhce/