Miller: U.S. Education Must Meet Needs of High-Tech Jobs

The video discusses the evolution of technology and its impact on employment, drawing parallels between historical mechanization and modern high-tech advancements. It emphasizes the need for improved education in STEM fields to prepare for future jobs, advocating for high-tech apprenticeships over traditional college degrees. The challenges of implementing apprenticeship programs in the US are explored, highlighting regulatory and investment barriers. The discussion also touches on the regulatory environment's impact on employment and company operations, particularly in the financial sector.

What historical event is compared to today's technological advancements in the discussion?

• The Industrial Revolution

• The mechanization of farming

• The rise of the automobile industry

• The invention of the internet

What is emphasized as crucial for preparing people for future high-tech jobs?

• A focus on liberal arts education

• Increased funding for traditional jobs

• A better education system

• More sports and arts programs

Which model is highlighted as successful in training engineers and technicians?

• The American model

• The Japanese model

• The German model

• The Chinese model

What is a major barrier for companies investing in apprenticeship programs?

• Regulatory and tax issues

• Lack of interest from young people

• Insufficient government support

• High costs of training

What role do regulatory bodies like the Fed play in financial institutions?

• They manage company investments

• They offer training programs

• They ensure compliance and prevent past mistakes

• They provide financial support