http://www.cnet.com/news/mark-zuckerberg-45b-initiative-makes-investment-andela-facebook/
The start up presently trains prospective developers in Nigeria and Kenya. "We live in a world where talent is evenly distributed, but opportunity is not," Zuckerberg said in a statement. "Andela's mission is the close that gap."
Says he. I wonder how does he know.
Maybe he found at reading one of these papers while at Harvard?
[…] Source: Bloody Shovel […]
The great thing about capitalism is it allows you to put your money where your mouth is. At least it does if you're filthy rich. Zuck is betting on human neurological uniformity. Dumb! Of course, there's two points here worth mentioning. First, Zuck is using his charitable foundation to do it. He may think of it more as doing charity. Second, Africa is a populous continent. Even assuming Lynn's estimate of their average IQ is correct (at roughly 70), and they'd need 4 sigma outliers to be good developers (where Europeans need only 2 sigma outliers), among 800m sub-Saharan Africans there will be 1.68 million sufficiently smart people.
Yeah, and Africa needs those million geniuses to go to San Francisco to design better ways to lure housewives into sharing their gossip online.
What you propose has already happened in India. From the British Empire they inherited a nationwide university system with brutal IQ tests at every level. The best of the best then emigrated to America, seeding the stereotype that Indians are STEM geniuses. You meet good developers when discussing outsourcing your software to India, but as soon as the contract is signed, they hand the project over to imbeciles.
Yes, the stereotype of the 'smart Indian' is probably the only stereotype that actually isn't true. Their PISA scores tell us that their national IQ is in the mid 70s, if not lower.
All of you are missing the point. Zuck gets to train programmers in Africa for pennies, bring them to America or have them do work remotely to drive down wages of the programmers Facebook pays, then gets to write it all off as a charitable endeavor. LOL. Fuck that Jew. I hope he gets what he deserves.
Lol. What a perfid Jew, he goes to Africa and gets to train programmers for pennies! Such astute business sense. He'll become the richest man in the world at this rate. He could get 1,000 top-notch already trained Chinese programmers for 1/10 of what he's putting in that charity.
There is indeed something unusually loathsome about that young man. I do not use Facebook. His personality is why. The first time I heard of him was in some arbitrary YouTube clip, Fox Business. A TV business journalist in a $3000 suit was interviewing the man live about something or other. Zuckerberg, insufferable twerp, hadn't even a blazer to cover his gray t-shirt. Unfortunately, I don't believe that he cares whether I use Facebook. In Bill Gates' day, I never cared for Gates, either; but with Gates it was never a personality issue. So, no, I don't like the Zuck any more than you do -- not that our dislike does him much harm! The network effect that maintains Facebook's monopoly is fascinating, though.
Your math is off. The remainder above 4 sigma is 0.0031%, which comes out to about 25000 people. America imports more Indian H-1Bs in a single year.
Zuckerberg knows all about the business genius of Africa. He has personally invested in dozens of enterprises and has been assured that he is about to receive vast wealth Below is an example of just one of these guaranteed profitable deals “””””””From:Mohammed Abacha Lagos-Nigeria Tel: 234-80-34069502 Dear CEO of Facebook This letter is not intended to to cause any embarrassment but just to contact your esteem self-following the knowledge of your high repute and trustworthiness. I am Mohammed Abacha,the son of the late Nigerian Head of State who died on the 8th of June 1998.If you are conversant with world news,you would understand better,while I got your contacts through my personal research.Please,I need your assistance to make this happen and please; do not undermine it because it will also be a source of upliftment to you also.You have absolutely nothing to loose in assisting us instead, you have so much to gain. The then head of state General Sani Abacha,transferred the money through a Lebanese businessman,Chagoury and a Jewish business man,Mark Rissar to bank accounts overseas,Instead,he used PERSONAL IDENTIFICATION NUMBERS (PIN) and declared the contents as Bearer Bonds and Treasury Bills. Also the firm issued him with a certificate of deposit of the consignments notes, which I have these information in my custody now. You must have heard over the media reports and the Internet on the recovery of various huge sums of money deposited by my late father in different Banks and security firms abroad. Some of these banks and security firms willingly gave-/divulge their banking secrets and disclosed to the present civilian administration of Chief Olusegun Obasanjo,about my family's cash lodgement and monetary transactions with them. Please my dear,I repose great confidence in you and I hope you will not betray my confidence in you.I have secretly deposited the sum of $30,000,000.00 with a security firm abroad whose name is withheld for now until we open communications.The money is contained in a metal box consignment with Security Deposit Number 009GM. I shall be grateful if you could receive this fund into your Bank account for safekeeping. This arrangement is known to you and my junior brother (Abbas) only. So I will deal directly with you.I am proposing a 20% share of the fund to you for your kind assistance.I shall provide for you all the documents of the fund deposit with the security firm, and raise a power of attorney to enable you claim and receive this fund into your bank account.I have done a thorough homework and fine-tuned the best way to create you as the beneficiary to the funds and effect the transfer accordingly.Is rest assured that the modalities I have resolved to finalize the entire project guarantees our safety and the successful transfer of the funds.So, you will be absolutely right when you say that this project is risk free and viable.If you are capable and willing to assist, contact me at once via email with following details: 1. YOUR NAME 2. POSTAL ADDRESS 3. PHONE AND FAX NUMBERS Also this transaction demands absolute confidentiality.On no condition must you disclose it to anybody irrespective of your relation with the person.Remember,Loose lips sinks ship.I am looking forward to your urgent and positive response via my email address above. Best Regards, Mohammed Abacha.””””””
Heh.
He's not actually betting on HNU. Instead, he's betting on a wage gap that will allow him to hire (inferior) product at a much reduced price because they're perfectly happy to work at a third of the price of a white developer who's twice as good. All the pious moralizing about how it's good to issue more H1B visas is just a smokescreen.
Oh come on, he's not as stupid as that. An IQ 130 developer is not twice as good as an IQ 115 developer, in fact the IQ 115 developer is probably not a developer at all. Are all those families who adopt black children (or black embryos) betting on a wage gap or doing it for any economic reason?