The cofounder of the $4.53 trillion AI chip giant says Americans should return to factory work—for their own prosperity and the country’s. Howard Lutnick claims technician roles can start at $90,000, no college degree required.
For example, Lutnick claimed that technician jobs are promising gigs with a low barrier to entry, that can pay anywhere between $70,000 to $90,000 at the onset—no college degree required.
The issue is the quantity of these jobs, not the quality.
And once you’re in, you’re in…
And not in a good way, you’ll get used to that 70k lifestyle in a year or two, but if you lose your job for any reason, there’s insane competition for the few spots you’re qualified for. And anything outside of this, you’ll never make that match.
They’ll pay a little more to a very small amount of employees if it creates a captive and trained workforce.
So, you’re right that “corporations are bad” you just don’t under the long game and the corporations do.
They do get paid well…
The issue is the quantity of these jobs, not the quality.
And once you’re in, you’re in…
And not in a good way, you’ll get used to that 70k lifestyle in a year or two, but if you lose your job for any reason, there’s insane competition for the few spots you’re qualified for. And anything outside of this, you’ll never make that match.
They’ll pay a little more to a very small amount of employees if it creates a captive and trained workforce.
So, you’re right that “corporations are bad” you just don’t under the long game and the corporations do.
I mean those are technicians, not factory workers. For those see: https://www.bls.gov/oes/2023/may/oes519199.htm
Those are factory workers they’re just listed in finer detail. Your link is for:
140k is now the poverty line. 70k ain’t cutting it for a family of 4. Those aren’t “great” jobs
Because a guy said so on substack?
Just because one idiot said something doesn’t make it true.