4 ms·

You would tank salaries.

• davidw 10y ago
  I doubt it. IT work is pretty easy to send abroad as it is, so if an employer is only looking at cost, that's already been an option for the past 10/15 years. It's only going to get easier in the future. And if it were, across the board, a lot of other things would get a bit cheaper too, no? Also: https://en.wikipedia.org/wiki/Lump_of_labour_fallacy https://en.wikipedia.org/wiki/Lump_of_labour_fallacy
  • deleted 10y ago
    [deleted]
  • imtringued 10y ago
    It's not easy when you consider time zone differences.
• slaveofallah93 10y ago
  In the short run, maybe. After the market reaches equilibrium, no.
  • general_ai 10y ago
    The equilibrium will be reached at a much lower price point than in the case of restricted supply of talent. Whole industries restrict the supply of workers for that reason: CPA, lawyers, and dentists being three prime examples. People like to pretend that most things can be trivially outsourced, but that's not the case at all. Managing a team down the hallway is hard enough. Managing a team in another timezone requires the kind of skill not commonly found in US corporations.