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Facebook's Zuckerberg: America Needs to Produce More Engineers
Business Intelligence ^ | Today | Jim Edwards

Posted on 07/25/2013 8:52:12 AM PDT by cicero2k

Facebook CEO Mark Zuckerberg got political on his Q2 2013 earnings call yesterday, criticizing America for not producing enough talented engineers for him to recruit.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy
KEYWORDS: careers; engineering; scientists
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To: 9YearLurker
Please tell me you’re not advocating massive government investment in order to inspire young engineers.

No I'm not.

The E-Schools have the best ROI. I live near one of the best, the Colorado School of Mines. They are number 6 in ROI, nationwide. The school is tearing down perfectly good infrastructure to build better due to alumni gratitude.

21 posted on 07/25/2013 9:10:08 AM PDT by cicero2k
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To: AlmaKing

It’s also easier to just get a job in finance which pays more and has better hours.

Pays better????

Here is NACE’s list of top-paying majors for new college graduates:
http://www.forbes.com/sites/susanadams/2013/01/24/college-degrees-with-the-highest-starting-salaries-2/

Computer Engineering
$70,400

Chemical Engineering
$66,400

Computer Science
$64,400

Aerospace/Aeronautical/Astronautical Engineering
$64,000

Mechanical Engineering
$62,900

Electrical/Electronics and Communications Engineering
$62,300

Civil Engineering
$57,600

Finance
$57,300

Construction Science/Management
$56,600

Information Sciences and Systems
$56,100


22 posted on 07/25/2013 9:11:41 AM PDT by thackney (life is fragile, handle with prayer)
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To: PapaBear3625
There's lots of talented software engineers out there. They are just not available for the prices Zuckerberg wants to pay, which is the real issue. Zuckerberg wants world-class engineers willing to work for H1B salaries.

There is some truth in this. Our company always goes offshore for development when possible, or hires the H1B.

However, there is usually a cultural and communication gap.

Facebook has tons of money, and paying American rates for engineering talent is likely not an issue.

What good is a roomful of engineers, if you can't talk to them?

Or more importantly, what good are they if they can't talk to your customers?

23 posted on 07/25/2013 9:15:47 AM PDT by cicero2k
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To: thorvaldr

America needs to hire the Engineers they have

EXACTLY. AND PAY THEM WHAT THEY ARE WORTH.


24 posted on 07/25/2013 9:18:22 AM PDT by bioqubit
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To: thorvaldr

There you go, lock the thread.


25 posted on 07/25/2013 9:20:42 AM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: thackney

Top financial positions pay way more, but they generally have tougher hours.


26 posted on 07/25/2013 9:23:05 AM PDT by 9YearLurker
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To: Article10

Corporate America will never get decent engineers with the current pay structures and general attitude towards engineers or technical types. They are reaping what they have sown.
+++++++++++++
Are you sure of that?

Petroleum Engineers just out of school have starting salaries pushing $90K. Just off hand that sounds pretty good.


27 posted on 07/25/2013 9:23:40 AM PDT by InterceptPoint
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To: ReeseBN38416

seriously?

IT takes a LOT of computer systems design (engineering) to build a system with the capacity of facebook. It’s huge

And software engineers don’t grow on trees either. (I was hatched from a space egg)


28 posted on 07/25/2013 9:27:39 AM PDT by Mr. K (4 election)
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To: cicero2k

Well, he worked so hard and stuck with his education so he should well know what it takes to be an engineer.

Engineers are not programmers. Engineers build stuff. Facebook is not stuff. It is nothing. It does not add any value at all.

America has become expert at producing nothing of value including facebook and sukkerberg.


29 posted on 07/25/2013 9:28:15 AM PDT by Sequoyah101
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To: cicero2k

Why become an engineer when to become a manager/executive a person only needs to get an MBA and a PMP? I mean, why kill yourself to understand engineering when you can understand next to nothing but be in charge and make bigger bucks?

That is exactly what is happening. Very few people want to get an engineering degree. They all want a simple MBA and a 12 week wonder PMP. Easy stuff. No sense in spending big bucks and major time and effort to learn engineering when the money is in “management”.


30 posted on 07/25/2013 9:29:14 AM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: GeronL

Yep. Hey Zuckerberg, the Black Male unemployment rate is about 40% That means they’re available. They’re on your
‘side’. You should just go teach them to be engineers. Obammy wants you to.

Good luck with that.


31 posted on 07/25/2013 9:29:34 AM PDT by americas.best.days... ( I think we can now say that they are behind us.)
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To: cicero2k

Education, for the last 40 years, has existed primarily in order to help women and blacks feel good about themselves.


32 posted on 07/25/2013 9:31:02 AM PDT by Trailerpark Badass (There should be a whole lot more going on than throwing bleach, said one woman.)
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To: Sequoyah101

I agree with this and #1. Social media is not engineering and neither is gaming IMO. Some software fits the definition of engineering but there is not sense of adventure or achievement when I was briefly stuck working on webpages and crap like that.


33 posted on 07/25/2013 9:33:51 AM PDT by Resolute Conservative
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To: cicero2k

“Talented”? Since when are schools about talent?


34 posted on 07/25/2013 9:34:16 AM PDT by Tanniker Smith (Rome didn't fall in a day, either.)
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To: 9YearLurker
Top financial positions

I thought we were talking about college grads, not folks with a decade or so experience. Engineering Managers running large departments, or specialized experienced engineers are making far more. I know several making over $200k/yr.

35 posted on 07/25/2013 9:35:39 AM PDT by thackney (life is fragile, handle with prayer)
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To: 9YearLurker

33% of the S&P 500 CEOs’ undergraduate degrees are in engineering and only 11% are in business administration.

Read more: http://www.businessinsider.com/ceos-majored-in-engineering-2011-3?op=1#ixzz2a4mgziWL


36 posted on 07/25/2013 9:39:19 AM PDT by thackney (life is fragile, handle with prayer)
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To: ReeseBN38416
Why does Facebook need to recruit engineers? Isn’t that just a website?


37 posted on 07/25/2013 9:39:23 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: cicero2k

America needs to produce Engineers willing to live in the insanely expensive Bay Area for not more than $75K per year.

There, fixed it.


38 posted on 07/25/2013 9:39:29 AM PDT by Buckeye McFrog
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To: ReeseBN38416
Why does Facebook need to recruit engineers? Isn’t that just a website?


39 posted on 07/25/2013 9:40:32 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: cicero2k

From the guy who dropped out of Harvard to establish Facebook...


40 posted on 07/25/2013 9:41:19 AM PDT by DTogo (High time to bring back The Sons of Liberty !!)
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