The Semiconductor industry faces talent shortage impacting the U.S. economy's growth and competitiveness, as demand soars, semiconductor companies are stepping up production and innovation. Thanks to the CHIPS and Science Act of 2022, the U.S. secures new chip manufacturing and R&D. By 2030, the industry's workforce will grow by nearly 115,000 jobs, a 33% increase. However, around 67,000 jobs risk going unfilled due to talent shortages. Technicians, engineers, and computer scientists are in high demand. The challenge is broader, impacting the entire U.S. economy. Other critical technology sectors, such as clean energy, medical tech, AI, IoT, cybersecurity, and more, face a similar talent gap, competing for trained workers. By 2030, the U.S. economy will create 3.85 million technical jobs. Without expanding the talent pipeline, 1.4 million jobs risk going unfilled. Let's invest in education, and training to meet these challenges. #SemiconductorIndustry #TechRevolution #WorkforceDevelopment #STEM #Semiconductors #Jobs #Opportunity https://lnkd.in/ec5Thr93
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The recent stock market crash has significantly impacted the tech sector, prompting major companies like Intel to announce layoffs of 15% of their workforce, or around 17,500 employees. This move comes as Intel faces declining revenues and increased competition, leading to a need for cost-cutting measures. Unlike larger corporations, tech startups might offer more job stability during these times because each employee's role is critical to their operations. Startups rely heavily on the specialized skills of their staff, making layoffs a more disruptive option compared to larger companies that can manage workforce reductions with less impact on productivity. Reach out or check out https://lnkd.in/eGH9VayP to join one of the top HW/AI startups.
Building Futures in AI | Acceler8 Talent
acceler8talent.com
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Apple introduces PQ3, a new encryption for iMessage offering stronger protection against future quantum attacks. This "Level 3 security" surpasses other messaging apps and prepares for potential decryption threats in the coming years. While quantum computers aren't yet a major concern, Apple is taking proactive steps to safeguard user data in advance. #quantumcomputing https://lnkd.in/etpURGvJ
Apple is already defending iMessage against tomorrow’s quantum computing attacks
theverge.com
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OpenAI's Sora brings innovation and efficiency to content creation, yet it confronts challenges such as job displacement and misinformation. Navigating its potential while addressing ethical concerns is key for its successful adoption. https://lnkd.in/eA5S7m2m
Watch: OpenAI Tool Creates Realistic AI Videos | WSJ News
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Great news for the Semiconductor industry, as The White House has just announced a significant $52.7 billion investment to boost R&D, and production, highlighted by the creation of the $5 billion National Semiconductor Technology Center. This investment will enhance the USA's global competitiveness, boost the economy, and create a multitude of job opportunities, marking a pivotal moment for the future of semiconductor technology and its workforce. https://lnkd.in/gwwgp7pg
White House touts $11 billion US semiconductor R&D program
reuters.com
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At the upcoming 2024 Paris Olympics, AI-driven surveillance will be used extensively for the first time to enhance security, covering the entire Olympic village and connecting transit routes. This system, capable of identifying potential threats like unattended bags, operates under a temporary law designed to detect activities that might lead to terrorist attacks. Despite the advanced capabilities of the AI, there are significant concerns regarding privacy and potential biases in surveillance, especially in identifying individuals based on characteristics like skin color or clothing. The deployment of this technology has sparked a debate about the balance between security and individual privacy rights. How do you feel about the use of such AI surveillance systems in public events like the Olympics?
Paris Olympics Host a New Event: Algorithmic Video Surveillance
spectrum.ieee.org
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Amidst the burgeoning AI craze and the implications of the CHIPS Act of 2023, here are three semiconductor stocks to watch in 2024: -Advanced Micro Devices (AMD): Expanding into the AI chip market, diversifying product range. -Taiwan Semiconductor Manufacturing (TSM): Known for advanced manufacturing, vital in AI chip supply. -Intel (INTC): Strong in PC chips, progressing in manufacturing technology. For further insights and details, the full article is available on Nasdaq's website: https://lnkd.in/ehJeTF5E
AI and the CHIPS Act: 3 Semiconductor Stocks to Watch in 2024
nasdaq.com
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Happy New Year! Looking forward to 2024 with great anticipation, as the Global Semiconductor market is projected to grow by 16.8%, with an expected revenue of $624 billion according to (Gartner, Inc.). Here's to a year of great opportunities!! Visit our page for the top tech industry job openings: https://lnkd.in/gtsZD2m4 #NewYear2024 #SemiTrends #GrowthOpportunities
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The global secondary battery industry has demonstrated exceptional growth, having generated $96.7 billion in 2022. What's more impressive is its projected to reach $261.8 billion by 2032. This represents a Compound Annual Growth Rate (CAGR) of 9.8% from 2023 to 2032. At the core of this surge are rechargeable batteries like lithium-ion, Nickel-Metal Hydrogen (NMH), and Lead-Acid batteries. These batteries are not only sustainable but also economically viable over time. I'm excited to share an opportunity for an Electrical Engineer at a leading cathode development company, focusing on sensor systems and lithium-ion batteries. This offers a chance to be at the forefront of battery technology, and be a part of this robust market. https://lnkd.in/ggiZ8Ypy
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Well, my Monday got off to an interesting start as I found myself stuck in the elevator on the way up to the office this morning, which is wrong on so many levels! 😅 But you know what they say, the only way is up from here, right?
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Happy Thanksgiving everyone!! I'm looking forward to enjoying some time with family and friends back home in Canada! With that being said here are a few positions that we have with our partnered companies in Canada: https://lnkd.in/ehvES6w8 https://lnkd.in/eWndcrQk https://lnkd.in/ekF5SH3m #semiconductors #quantumcomputing
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Building North American Semiconductor and Photonic design teams
1yYes! All that investment into the industry means nothing if there isn't enough talent to fill the jobs!