4 ms·

We keep hearing this since late 1990s, when all programming was supposed to move to India. Not much change 20 years after.

• donttrack 9y ago
  When the engineers start earning more in tech oriented cities like Shenbu or Bongai where ever, the shops and landlord charging more, houses become more expensive, living costs rise, which makes engineers start demanding higher salaries, which then starts a feedback loop of rising prices. It's almost like people in developing countries are real people with similar behavioral patterns like people in the west..
  • amvalo 9y ago
    "Feedback loop?" Where did you learn economics?
    • donttrack 9y ago
      I didnt....
      • amvalo 9y ago
        The above situation is definitely a shifting equilibrium rather than feedback loop. Like, everyone getting a 3% raise won't make the city unlivable overnight, it probably won't even increase cost of living by 3%
  • hutzlibu 9y ago
    "It's almost like people in developing countries are real people with similar behavioral patterns like people in the west.." Really? .. I thought they are supposed to do the work for us, yet allways stay below our level, because thats the way things are supposed to be.
    • gaius 9y ago
      You jest but that is the sincerest belief of typical Western managers