Be aware that job market advice is somewhat like stock market advice. If it becomes common knowledge that career X is highly compensated (or highly compensated relative to effort/education level), this will cause a large number of young people to enter field X, in turn causing a surplus of workers and depressing salaries. You should try to pursue a career trajectory that is at least a little bit non-obvious.
It’s not completely like stock market advice ’cause in the stock market, the best players tend to win more money and acquire disproportionate influence. I’m not sure how rational I should model people who are choosing their careers to be—if many follow the “passion model” described by Cal Newport in his book, then just profit-maximizing should work fairly well.
Be aware that job market advice is somewhat like stock market advice. If it becomes common knowledge that career X is highly compensated (or highly compensated relative to effort/education level), this will cause a large number of young people to enter field X, in turn causing a surplus of workers and depressing salaries. You should try to pursue a career trajectory that is at least a little bit non-obvious.
It’s not completely like stock market advice ’cause in the stock market, the best players tend to win more money and acquire disproportionate influence. I’m not sure how rational I should model people who are choosing their careers to be—if many follow the “passion model” described by Cal Newport in his book, then just profit-maximizing should work fairly well.
Careers r less liquid. Teenagers r the leading career path selectors.