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PaperclipPerfector  8mo ago (text post)   27790 thread views

Culture War Roundup for the week of September 18, 2023

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Less than you might think.

If so regarding modern cognitive models that undergird the HBD debate firms should be able to make a killing hiring math students from CSU-Monterrey and foregoing kids from Stanford, Cal Tech, and Berkeley and foregoing those poorly modeled higher salary demands.

I'm not sure what that has to do with HBD, but you can in fact do that. Except the "making a killing" part. Any major salary difference between similar employees with different educations will only last a year or two. And balanced against that are the increase search costs -- it may be you can hire randomly from Cal Tech and have a 95% chance of getting a good employee, but from CSU-Monterrey it's more like 5%. So you need to filter more, which costs you money up front. It also increases the chance of getting a dud, since your filters aren't perfect, and duds are expensive.

The 5% vs. 95% claim is self-rebutting. If the SAT is, indeed, crap, then CSU-Monterrey students are as good as Cal-Tech students AS A RULE. I didn't say you could make a killing by hiring CSU-Moneterrey grads that graduated at the top of their class and had full academic scholarships vs. random hiring at Cal Tech. I made an absolute statement that you could hire randomly from CSU-Mont and do just as well, while paying pennies on the dollar.

Funny you should mention that...

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