Lobbyists justify licences by claiming consumers need protection from unqualified providers. In many cases this is obviously a charade. Forty-one states license makeup artists, as if wielding concealer requires government oversight. Thirteen license bartending; in nine, those who wish to pull pints must first pass an exam. Such examples are popular among critics of licensing, because the threat from unlicensed staff in low-skilled jobs seems paltry. Yet they are not representative of the broader harm done by licensing, which affects crowds of more highly educated workers like Ms Varnam. Among those with only a high-school education, 13% are licensed. The figure for those with postgraduate degrees is 45%.
[...] One way of telling that many licences are superfluous is the sheer variance in the law across states. About 1,100 occupations are regulated in at least one state, but fewer than 60 are regulated in all 50, according to a report from 2015 by Barack Obama's White House. Yet a handful of high-earning professions are regulated everywhere. In particular, licences are more common in legal and health-care occupations than in any other.
People would have to set out how they intend to put the five-figure payouts to good use, for example, by using the cash to undergo re-training, to start a new business, or to combine work with the care of elderly or sick relatives. It would be funded like the student grant system and wealthier individuals could be required to pay back more in tax as their earnings increase. Ultimately, the RSA paper suggests, the wealth fund would finance a Universal Basic Income (UBI) as the world of modern work is turned upside down by increased automation, new technology and an ageing population.
I'm not really sure the exact economics of this, because I don't run these companies. But I know what companies have told me: "we don't hire junior developers because we can't afford to have our senior developers mentor them." I've seen the rates for senior developers because I am one and I had project managers that had me allocate time for budgeting purposes. I know the rate is anywhere from $190-$300 an hour. That's what companies believe they are losing on junior devs.
Borge Brende, president of the World Economic Forum, weighed in, stressing the economic cost of cyber crimes. "It is very hard to attribute cyberattacks to different actors or countries, but the cost is just unbelievable. Annually more than a thousand billion U.S. dollars are lost for companies or countries due to these attacks and our economy is more and more based on internet and data."
One company involved in the test told the Wall Street Journal that for over 80 percent of the 911 calls where Googl's system was used, the tech giant's location data were more accurate than what wireless carriers provided. The company, RapidSOS, also said that while carrier data location estimates had, on average, a radius of around 522 feet, Google's data gave estimates with radii around 121 feet. Google's data also arrived more quickly than carrier data typically did.
"You have a whole city obsessed with algorithms and data, and they like to say dating apps aren't solving the problem," Hobley said. "But if a city is male-dominant, if a city is known for 16-hour work days, those are issues that dating apps can't solve." One thing distinguishes the Silicon Valley dating pool: The men-to-women ratio for employed, young singles in the San Jose metro area is higher than in any other major area. There were about 150 men for every 100 women, compared with about 125 to 100 nationwide, of never-married young people between 25 and 34 in San Jose, U.S. Census Bureau data from 2016 shows. That ratio permeates the economy here, all the way to the valley's biggest employers, which have struggled for years to bring more women into their ranks. Men make up about 70% of the workforces of Apple, Facebook and Google parent Alphabet, company filings show.