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Neural Foundry's avatar

The stock dip makes sense when you realize investors probaly see this as marketing spending rather than workforce development. Home Depot benefits even if these programs dont produce actual professionals because DIY hobbyists who take the courses become more confident customers buying more tools and materials. The real value for HD isnt in creating competitors for professional contractors but in expanding their customer base of amateur renovators who think they can handle bigger projects. This is basically customer acquisition disguised as philanthropy, and the trades community sees right through it.

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Charles Mendelson's avatar

The general idea that massive online education will displace traditional educational methods is a fantasy that we can deliver similar outcomes with much less effort.

To use an example from my local area, Seattle Central College has a Wood Technology Center that trains people in boat building and construction carpentry.

They also have a continuing education division that teaches a series of woodworking classes.

The facility has a lot of equipment (the woodshop has at least a dozen Saw Stop Cabinet making saws.

The instructors have to teach the students to use the equipment safely.

This is a large investment of equipment, real estate, and people, and while it is a fantastic program, it is ultimately limited in how many people can go through it.

Skilled trades, like any skill require time, and instruction to get through, and watching an online lecture on the theoretical and academic parts of a trade might offer some savings, it’s not really the bottleneck in training more people for the trades.

A better intervention would be offering more general training in high-schools, so that students can enter trade school and apprenticeship programs more competent in the basics they’ll need to know.

But that also has a problem. In the middle of the last century, finding qualified shop teachers was fairly easy, those skills were more saturated through society. They’re now much more limited and the people who have them don’t fit the mold we have in mind for teachers.

It might be worth considering having a program for tradespeople who had to retire early due to injury or disability to teach shop classes part time, but that would also involve investing in putting shop facilities back in schools.

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