We in the U.S. need more workers in the skilled trades. While artificial intelligence certainly will eliminate many office type jobs, it will never eliminate the demand for electricians, plumbers, carpenters, HVAC and other hands-on jobs.
A crisis in the housing sector illustrates the point. Lack of skilled labor is making housing less affordable. In fact, the National Association of Homebuilders (photo) study concluded that this shortage is impacting the single family home building sector by $10.8 billion per year. Time required to build new homes is about two months longer.
The shortage in skilled trades (not just construction) is why Marvin Ellison is investing millions in training for them (yesterday's video).
It's one big factor why first-time home buyers are having a harder time getting into that first home.
from Forbes
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