No, I meant that the correlation between pay and how-competent-the-typical-participant-seems-to-me is, if anything, negative. Like, the hiring bar for Google interns is lower than any of the technical programs, and PIBBSS seems-to-me to have the most competent participants overall (though I’m not familiar with some of the programs).
I don’t think it makes sense to compare Google intern salary with AIS program stipends this way, as AIS programs are nonprofits (with associated salary cut) and generally trying to select against people motivated principally by money. It seems like good mechanism design to pay less than tech internships, even if the technical bar for is higher, given that value alignment is best selected by looking for “costly signals” like salary sacrifice.
I don’t think the correlation for competence among AIS programs is as you describe.
No, I meant that the correlation between pay and how-competent-the-typical-participant-seems-to-me is, if anything, negative. Like, the hiring bar for Google interns is lower than any of the technical programs, and PIBBSS seems-to-me to have the most competent participants overall (though I’m not familiar with some of the programs).
I don’t think it makes sense to compare Google intern salary with AIS program stipends this way, as AIS programs are nonprofits (with associated salary cut) and generally trying to select against people motivated principally by money. It seems like good mechanism design to pay less than tech internships, even if the technical bar for is higher, given that value alignment is best selected by looking for “costly signals” like salary sacrifice.
I don’t think the correlation for competence among AIS programs is as you describe.