The second fear is longer-term: that technology, and particularly the Internet, is taking the skill out of distribution, making it easier for the talent to control things.
The affable Hawaiian-born Konishiki slapped all-comers out of the ring for a brief period in the early 1990s, prompting Japan's nationalistic sumo officials to worry that an avalanche of foreign giants might take the skill out of the sport of emperors.
"It's an acute skill shortage out there, " says Jesse Harriott, chief analytics officer of Constant Contact Inc.
So we must educate our way out of the downturn, invest and invent our way out of the downturn and re-tool and re-skill our way out of the downturn.
So how do you find your distinct skill to stand out?
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Smith, playing against type, plays with the grain of her skill, drawing out the nimble, mercurial aspects of a woman we are almost convinced is a pure villain.
Walking a political tightrope with great skill he staked out the ground on which he agreed as well as disagreed with the woman who, he said, had defined the age.
These are the managers for whom the market is throwing fat pitches and who have the skill to hit them out of the park for investors.
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It takes some skill to draw people out about their opinions of a great novel while deftly shutting up yakkers who monopolize the conversation or veer off on irrelevancies.
Guild Wars 2 has shields, but their use is limited to the skill bar and their effectiveness is snuffed out entirely by the fact that any shield skill requires a cool down.
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Teresa showed extraordinary skill in mobilising friends and out-manoeuvering foes as she marched towards her objectives.
When a recruiter scans your resume or profile and they see you moved out of your skill set, a red flag goes up.
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You are hiring somebody because of their professional skills you want, but you've still got to figure it out whether the skill the person has represents the maximum potential they have or whether they still have capacity for further development.
The idea of an X-Factor as the winning gene is as true for people as it is for businesses, says Poulfelt, noting individuals like Mozart, Steve Jobs and Bill Gates -- who all managed to tap into a unique skill or quality to stand out from the crowd.
And that skill set of trying to figure out how do we make something work better applies to the federal government.
Over the thirty year period, the largest employment gains were made at the top and bottom of the distribution, with a hollowing out of mid-skill occupations.
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Crucially, this hollowing out has seen middle-skill roles replaced by technology or outsourced to the lowest cost provider.
As Mauboussin points out, the Paradox of Skill is a concrete way to describe the efficient market hypothesis.
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Black men are twice as likely to be out of work at all skill levels (and, most worrying, the second generation is faring just as badly as the first).
And they can at least be reassured that there are precious few Kobe Bryants out there, with the skill and physique to tackle the pro game as a teenager.
By expanding immigration for low-skill workers, we restrain labor costs and reduce out-migration of manufacturing and other business.
Meanwhile, the market has squeezed out many inefficiencies of unionized low-skill labor.
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Smarter still would be the recognition that women have unique skills that balance out leadership teams and enhance the existing skill sets of their male counterparts.
The furiously candid screenplay was written by Paul Haggis and Robert Moresco, and the picture was directed by Haggis, who, in his first time out as director, demonstrates an amazing skill with actors.
Does trying out a new idea or developing a new skill expose your vulnerabilities to others?
The view is that such knowledge assets have been neutralized of any dependency on any one person and can be easily transferred, learned or carried out by anyone else with approximate level of skill, with less or no experience in the matter.
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Changizi begins by laying out the reasons why reading is not an instinctual skill, but a learned ability.
Those with the skill and know-how to talk or act their way out of a ticket have saved themselves a lot of money over the years.
"It's a whole new skill set to develop: to convince people to actually take out their credit card, even for one cent, " said Robert Kyncl, YouTube's vice president and global head of content partnerships, told reporters at the March event.
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