the.com/retraining
teaching an old dog algebra instead of new tricks, because the old tricks got automated.
means the process of learning new skills to replace ones a job, market, or machine has made obsolete.
from rooted in mid-20th-century labor economics, when factory automation and offshoring forced governments to invent programs that turned redundant workers into differently-employed workers, ideally before they became unemployed ones.
failure ratemost programs show weak long-term wage gains
machine learning linkneural nets literally get retrained on new data
average costcan exceed a year of the wages lost
political favoritecheaper to announce than to fund
for instance
trade adjustment assistance — us program since 1962 for workers hurt by imports
germany kurzarbeit — short-work scheme retrained staff during 2009 and 2020 crises
coal country coding bootcamps — appalachian miners retrained for tech jobs post-2015
gpt fine-tuning — literally retraining a model on narrower data