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We may be able to get by with lower salaries than America if Americas immigration system continues to lag. It's easier for potential AI brains to immigrate her
by vivekd 10y ago
We may be able to get by with lower salaries than America if Americas immigration system continues to lag. It's easier for potential AI brains to immigrate here than the States under the current climate. I do agree that this is only of limited advantage, but it's something.
I feel like because of structural and tax issues with our society, American style salaries will never be a thing here. That probably means that we will never be the tech power house that America is, but I think we can compete pretty effectively with Europe in getting the brains who, for whatever reason, choose not to go to America. And hey . . . second best ain't that bad.
- lebek 10y agoWhat are Canada's "structural and tax issues"?
- vivekd 10y agoour taxes are much higher meaning people and companies have less disposable income - more money is in the public sector rather than the private sector. Structural is the way our society is set up, there are lots of public services so people rely on that more than on personal savings. We don't have as many venture capitalists as America, we don't have the same number of startups, the wealth in our nation is tied up in the hands of a few large corporations rather than spread out among many businesses.
- soperj 10y agoOur taxes aren't that high compared to some states. California's are definitely higher. Toronto's housing market is stupid though. Would be better off in Waterloo, or Ottawa
- deleted 10y ago[deleted]
- theparanoid 10y agoYou'll still lose native Canadians.
- muninn_ 10y agoWhich part is lagging?