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Young Money: Trade School Vs. College | CNBC
CNBC’s Landon Dowdy weighs the pros and cons of heading to a trade school rather than a four-year college.
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Young Money: Trade School Vs. College | CNBC
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Tech
America’s AI chip talent crisis
U.S. chip manufacturing faces a shortage of up to 157,000 skilled workers by 2030, a matter of concern for companies like Samsung.
Schools including Purdue and Arizona State have new semiconductor degree programs, and all the biggest chipmakers are investing millions to create pipelines of U.S. chip talent.
CNBC’s Katie Tarasov has the details. Watch the related video for full report.
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Tech
CNBC Takes A First Look At Slate Auto’s $25,000 Modular Cars
CNBC’s Michael Wayland takes a first look at electric vehicle startup Slate Auto’s modular $25,000 pick up trucks. The cars are affordable and basic, with features that buyers can customize. That includes turning the truck into an SUV. The vehicles had more than 150,000 refundable reservations before their release, despite waning consumer demand in EVs in the U.S. The company is about to find out if the truck can disrupt the market.
Reporting by: Michael Wayland
Produced and Camera by: Natalie Rice
Edited by: Darren Geeter
Senior Managing Producer: Tala Hadavi
Additional Footage: Slate Auto
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CNBC Takes A First Look At Slate Auto’s $25,000 Modular Cars
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Tech
The Race To Power AI Is Reshaping America’s Electric Grid
AI data centers are driving unprecedented demand for electricity and putting renewed pressure on America’s power grid to modernize its equipment and develop greener, more efficient sources of power. Google, Meta, Microsoft and Amazon are all spending millions of dollars on local infrastructure upgrades and companies like SpaceXAI are even building off-grid power plants to power their data centers.
Google says its planned 780-megawatt data center in Pine Island, Minnesota, could offer a model for powering the AI boom. In a proposed agreement with Xcel Energy, Google says it will support 1,900 megawatts of new wind, solar and battery capacity, while minimum payments and exit fees are intended to protect local ratepayers if demand falls short.
CNBC examines whether projects like Pine Island can make the grid cleaner without shifting costs to existing customers, why some energy experts argue that smaller data centers could make better use of infrastructure already in place, and how utilities’ financial incentives can complicate efforts to build less.
Chapters:
0:00 – 2:06 Introduction
2:07 – 4:49 Off-grid solutions
4:50 – 9:00 Upgrading the grid
9:01 – 11:44 Smaller data centers
Produced by: Jeffrey Kopp
Senior Director of Video: Jeniece Pettitt
Tech Correspondent: MacKenzie Sigalos
Edited by: Erin Black, Matt Soto
Camera: Donny Rowles
Animation: Jason Reginato, Emily Park
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Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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The Race To Power AI Is Reshaping America’s Electric Grid
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Tech
China’s Swagger After India’s iPhone 18 Leak
A leak by Indian supplier Tata Electronics, purportedly of the yet-to-be-released iPhone 18 Pro models, has become marketing gold for the Chinese government. The Communist Party paper, The Global Times, is using the leak – caused by a cyberattack – as a cautionary tale for Apple and other American companies that are in the process of diversifying their supply chains away from China. CNBC’s Eunice Yoon reports.
00:58 Correction: The location tag should be Beijing, China.
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China’s Swagger After India’s iPhone 18 Leak
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
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@elizabethacosta-rayos6061
January 12, 2024 at 10:56 am
You can do both (if you want). Don't go to an expensive college, and go to trade school first.
@augustineramospodcast5021
January 12, 2024 at 10:56 am
An auto mechanic makes way more than $37,000 a year. Some more fake news.
@gamegamer9523
January 12, 2024 at 10:56 am
Trade school and college are both valuable in society, the important thing is to get an education after high school that can come in handy.
@madant22
January 12, 2024 at 10:56 am
Why can’t they integrate these trade schools under a university and make them two and 4 year degrees.
@christophershanklin112
January 12, 2024 at 10:56 am
College is about gaining the foundation knowledge of your field.I would say if you have free ride or scholarships I would say take that route.And you move up quicker with a company with a degree then someone without one unless they have the more experience
@bryanazim8550
January 12, 2024 at 10:56 am
I HAVE BEEN MAKING LOSSES TRADING MYSELF…I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@xSynomical
January 12, 2024 at 10:56 am
I’m 14 currently in trade program in high school. Planning on being a plumber or work in construction
@picklerix6162
January 12, 2024 at 10:56 am
The for-profit trade schools are a big rip-off in my opinion and your chances of getting a job are not good. You’re better off going to a junior college program that offers certificate and associate degree programs.
@kikoman780311
January 12, 2024 at 10:56 am
As the skills gap increases these jobs will pay more. I know of plumbers in Dallas charging $300 per hour for services because there’s little or no competition and thus owning a larger market share of work, and because there aren’t enough licensed employees or apprentices with whom they can share the workload.
@joshuamoore24_7
January 12, 2024 at 10:56 am
Technical Colleges are really good because they target a certain trade and teach the knowledge needed to be a certified professional at doing a specific type of trade. Ofcourse it takes the person that has went to a Tech./trade school to have book smarts and hands skills to be good at the trade they went to a technical college to learn a get a job doing.
@joshuamoore24_7
January 12, 2024 at 10:56 am
Its seems like dental assistants get a good pay compared to some other trades.
@phasorsystems6873
January 12, 2024 at 10:56 am
Got a circuit you wanna build? Test it out here first. investigate circuit solver on the playstore!
@saucesfc8946
January 12, 2024 at 10:56 am
my dad was 20 when i was born and he has been a plumber his whole life and he was able to afford a 600k house and and a nice suv and work truck, trips to nice places every year, and so much things, My mom didn’t even have to work to help pay the bills. it’s amazing how a 20 year old could afford all of that and how he gave me and my brothers a good childhood.
@jeanp.5929
January 12, 2024 at 10:56 am
The question isn't trade school or college? it's Do I need trade school and college to obtain my career goals?
@slapme5777
January 12, 2024 at 10:56 am
trade school is where it's at – use http://www.houredu.com to get matched with schools
@Devillionaire
January 12, 2024 at 10:56 am
Andrew Yang for President 2020 – "Speaking of the dearth of truck drivers, welders, plumbers, electricians, mechanics and other tradespeople, Yang said 6 percent of American high school students are in technical or vocational schools, compared to Germany where the rate is 59 percent. Yang said the automation of such industries has been exacerbated further by the need for workers. As president, he would team up with Mike Rowe of “Dirty Jobs” to try to destigmatize those jobs.
“What we’ve done is over-prescribed college to young people in this country and we’ve stigmatized the trades and manual work. The end result is a labor shortage in the trades and manual skill jobs. In addition, 59 percent of the people, who start college finish in six years. We’re sending people to college that probably never should have gone to college in the first place. Thirdly, there is $1.6 trillion in student loan debt — most of it from college,” he said. “All these families have said I need to send my kid to college for them to have any chance of a decent life. College has gotten two and a half times more expensive. Families felt they had no choice but to pay then the government gives them essentially unlimited access to student loans — not taking into account that the job they’re going to get after they graduate might not be there for them.”
https://www.youtube.com/watch?v=cTsEzmFamZ8
@rosenoyola2047
January 12, 2024 at 10:56 am
the Problem is that no one is told about this in high school.All i heard Was College,Army,or Work
@ycazawilliams2535
January 12, 2024 at 10:56 am
People tend to forget you can always get a degree later on in life if you want to change jobs or move up in a position.
@thomasroberts1828
January 12, 2024 at 10:56 am
Guess what? Equipment is made to fail. Your furnace WILL break your plumbing WILL break your electrical WILL break. You’re going to need us sooner or later. There’s unlimited work ☺️
@birbalbrahma9164
January 12, 2024 at 10:56 am
Nice
@EmilyGloeggler7984
January 12, 2024 at 10:56 am
Trade school is not worth it and it’s okay to quit toxic trade jobs for better jobs which are less harmful to the person and other people. No regrets rejecting trade/tech school.
@ElRadioDJ913
January 12, 2024 at 10:56 am
Trade school/Community College = less stress, cost efficient, higher chances on landing on a job that you demand working for, and easier life balance.
Universities = more stress, expensive, less chances on getting a demanding job, very complicated life schedule to adjust, and a higher student loan debt after graduating from a four year university/graduate school.
Honestly, either one works depending on where are you financially standing at as long as you are willing to earn your stripes with no strings attached. Attaining an Associate's Degree and a technical certificate from a community college/trade school is more than enough to land you in an office/professional job that quick since there will be advisors/academic coordinators willing to help you out even more.
@andromedagalaxynebula5751
January 12, 2024 at 10:56 am
I'm only here for the comments
@SA-xt1gd
January 12, 2024 at 10:56 am
college only beneficial if you rich af or poor af. if you are poor start with community college being full time af and get financial aid grants because you poor. but you can graduate debt free. stay poor and get good grades
@ryandarko2115
January 12, 2024 at 10:56 am
Kids from college hate & frown apon trade school educations but plumbers make stupid money!!!!$$$$$$$$$
@RichKilla86ers
January 12, 2024 at 10:56 am
There are no snowflakes in trade or vocational schools. Students are too focus on careers instead of being crybabies on political agendas.
@Joey-db8bv
January 12, 2024 at 10:56 am
Pay scale is not a government agency and it scale should not be used to get an accurate description for salaries and jobs.
@nrkgalt
January 12, 2024 at 10:56 am
There are a lot of jobs that require a college degree that don't need to and would do better with the trade school model. And they probably could create trade schools for middle management.
@ahapainenpaavo6010
January 12, 2024 at 10:56 am
Feels good in Finland both are free. 😀
Yet i still go to trade school to be a car mechanic. <3 Would recommend.