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John Aucott, Jr.

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  1. Milken Institute1h 1m

    Are You Investing in the Workforce of Tomorrow or the Workforce of Yesterday?

    Gregory Cappelli, Jared Bernstein, David Burstein, Edith Cooper, John Donovan, Seth Harris, Greg Capelli, John Aucott, Jr., Mike Milkinson, Serena Ross

    Moderated by Greg Capelli, a diverse panel of experts from the U.S. Department of Labor, AT&T, and Goldman Sachs debates whether a genuine skills gap exists or if the issue stems from poor employer preparation and outdated hiring models. Participants cite AT&T's successful reskilling initiative and Goldman Sachs' cultural pivot as evidence that defining roles by competency rather than job title can drastically improve retention and adaptability among millennial workers. Despite these corporate successes, the discussion concludes that systemic challenges like the gig economy's shift of training costs to individuals and automation threats to low-skill sectors require new policy frameworks and a fundamental rethinking of benefit structures.