Tech Education Con

These companies position themselves as good corporate citizens by empowering students with tech skills and accelerating STEM education; their motives, however, aren’t pure. Under the charitable guise of providing tech education for all, tech giants are doing whatever they can to increase the labor supply of technically skilled workers so that they can cut tech workers’ wages. The combined demand for STEM education and lack of state funding for education leaves a gap in the market that big tech companies are eager to fill. Working with Ivanka Trump, tech execs from Amazon, Facebook, Microsoft, and Salesforce agreed to collectively spend $300 million toward computer science education to prepare more students for tech jobs of the future. These tech companies are not simply investing in STEM education to equip students with the skills needed to succeed in the twenty-first century out of the goodness of their hearts.

Source: jacobinmag.com