Technology and Workforce Challenges

The video discusses the growth in technology and science jobs, highlighting a disparity between job growth and the availability of US-born workers. It addresses the global competition for talent and the quiet crisis in science and engineering due to a lack of young people pursuing these fields. The US government's commitment to supporting science and engineering is emphasized, along with the need for a more agile and innovative future workforce. The video concludes by stressing the importance of fundamental research and infrastructure to maintain global preeminence.

What has been the average annual growth rate of technology and science-linked jobs over the past 20 years?

• 4.2%

• 2.5%

• 3.5%

• 1.5%

What is one of the main challenges in the nanotechnology field?

• Outdated technology

• Lack of funding

• High production costs

• Finding a well-qualified workforce

Why is there a 'quiet crisis' in the workforce?

• Because of rapid technological advancements

• Due to the slow development of highly skilled professionals

• Due to increased competition from other countries

• Because of economic downturns

What percentage of the workforce do scientists and engineers comprise?

• 20%

• 15%

• 10%

• 5%

What is the Obama administration's stance on science and engineering?

• They are committed to supporting basic research

• They are prioritizing economic growth over science

• They are focusing solely on climate change

• They are reducing funding for research

What historical example is given to illustrate overcoming industry challenges?

• The U.S. auto industry

• The U.S. textile industry

• The U.S. chip industry

• The U.S. steel industry

What was a key factor in the U.S. chip industry's success?

• Increased tariffs on imports

• Reducing research and development

• Government support and industry collaboration

• Outsourcing manufacturing

What characteristic is essential for the future workforce?

• Technical skills

• Intellectual agility

• Financial acumen

• Physical endurance

Why is it important to have more scientists and engineers?

• To increase the GDP

• To maintain global preeminence through innovation

• To reduce unemployment

• To improve public health

What is necessary to help new entrepreneurial startup companies?

• Government subsidies

• Increasing marketing efforts

• Crossing the various valleys of death

• Reducing taxes