$1 billion in talent identification and support from Schmidt Futures

Eric Schmidt, that is:

Rise cohort members, who will apply between the ages of 15 and 17, will be eligible for various types of support. They will be invited to attend a residential fellowship before their final year of high school that will support them as they consider how to serve others, how to become leaders, and how to transition to higher education and careers. Participants may also receive scholarships to continue their education, mentorship and other assistance tailored to their specific needs and interests, and a variety of career services as part of the Rise network.

To encourage service, Rise will invite its community members to make service commitments together and develop a platform to match network members with common interests. Among a range of pursuits, we envision that Rise winners will create policy, build new enterprises that benefit the public, catalyze new interdisciplinary areas of study, and develop new solutions to the world’s hardest problems.

Here is more information.

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"They will be invited to attend a residential fellowship before their final year of high school that will support them as they consider how to serve others . . ."

From the alarm the "OK, Boomer" message reliably sends, we might expect that in short years Millennials will be serving Boomer filets, Boomer stir-fry, and reconstituted Boomer protein 'shakes and Boomer gelatin from a new chain of "Rise Restaurants".

Mentors for 15-18 year olds are in hot demand.

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In the United States at least, talent ID and support for highly gifted HSers is a fairly well-trodden field already. Duke (via TIP), and Johns Hopkins (via CTY) in particular run robust programs. Also, Davidson Academy (or something like that) has something along these lines out West. There's not a lot of detail that I could see in quick perusal of the Schmidt stuff, but it's not obvious what they're doing that isn't already being done in some fashion. And for the prospective applicant (and their parents) in the US, it's yet another thing to apply for, more "service yada yada" - practice for their Harvard application a year or so later?

Presumably, the application will in turn rely heavily on standardized test scores of some sort. That's reasonably possible in the US, but may present problems in 2nd/3rd world countries, where access to well proctored, reliable standardized tests might be difficult. But probably the value of this thing would be higher overseas. A highly talented, very gifted 16 year old US kid who is savvy enough to find out about Rise on the internet can find plenty of other programs too. I'm not sure the same could be said about a comparable kid in India, Nigeria, or Brazil.

It would be refreshing to see someone say "don't waste your time on this service BS, we want the the people who can actually deliver - fusion energy, an FTL drive, cures for disease, 100X better batteries - somebody else can pick up the trash and staff the soup lines"

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(That said, I don't really know the landscape in India, Nigeria, Brazil, etc. Hopefully there are at least some things in place already covering much of the world.)

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And a general request to Alex and Tyler:

There is real value in providing discussion places centered around themed/related topics. Your forums comments were, at one point, a pretty good place for such discussions of economics with a libertarian bent. But they've degraded badly in the last ~2 years.

I know you value this blog - it raises the profile of two economists from a lower tier uni and adds meaningfully to the marketplace of ideas. I would encourage you to consider the value of a good commentariate, and consider ways you could invest greater effort/resources in monitoring the comment space and cleaning up and out much of the noise.

+1

Agree.

This comment section has degenerated SO far from the place where, for example, Matt Rognlie took on Piketty a few years ago.

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FWIW, there was some of that usual Brazil/Bolsanero nonsense in this thread when I posted this, but it appears to have been cleaned out. Thanks for that. But addressing this stuff more robustly/quickly might help restore the comments section here to being a more valuable gathering spot for thoughtful discussion.

I realize that's easier said than done. Anyways, I hope you try...

-1000. Censorship is wrong. Silencing voices you don't like in the name of "thoughtful discussion" is totalitarian elite snobbery. Trump will win the election again because of condescending idiots like you who "know better" than the rest of us.

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Is this a writing course, a not very good writing course, for young people? In chronological order, here are words used in About the Program: partnering, exceptional, extraordinary, boost, tech-enabled, online learning, global community, extraordinary (again), unique impact, transition, platform, launch. Add catalyze (see above). These are Glenn W. Turner (Dare to be Great) words. I don't mean to diminish charitable work, but I am always suspicious when words like these are used to describe the charitable work. Maybe the author believes "extraordinary young people aged 15-17" will find motivation from verbal nonsense. Or maybe Cowen found writing worse than in the typical economics research paper and wanted to share it with readers.

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“Among a range of pursuits, we envision that Rise winners will create policy...”

Congratulations and good luck, you guys and gals, but please, do not “policy” me, just leave me alone.

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The last thing we need is talented people from underrepresented groups being ushered into service of others. Teach them entrepreneurial skills or expose them to career paths with a high expected return.

Agreed. Talented young people need to be developing marketable skills and specialized knowledge, and I don't mean mushy stuff like "how to be a leader." I mean stuff like contract law, cost accounting, or operating a lathe.

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I am suspicious of stuff about "how to serve others, how to become leaders, ...". If I wanted to hear that sort of tosh I'd go to church or join the armed forces.

So you can stop complaining. Oh who am I kidding, of course you can't.

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how to become leaders

Yeah, what kind of a book does one read or course does one take that actually turns one into a leader? If truly effective leaders could be produced from a herd of applicants they wouldn't receive the acclaim they do. Of course, in order for there to be leaders there must be many more followers, supposedly not as worthy as the leaders. Let's not forget also that leaders are require to show leadership that leads to major disaster. Adolph Hitler turned out to be something of a leader. Do we want to be led by someone like Stalin or Mao? This leadership thing is just a new ploy that the higher educational establishment is using to boost admissions. Leaders are probably more often born than made.

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