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The big companies with huge pockets will set up shop in small low CoL places and squeeze out smaller research companies out of talented graduate students in hig
by belltaco 8y ago
The big companies with huge pockets will set up shop in small low CoL places and squeeze out smaller research companies out of talented graduate students in high expertise niche fields like research in EE, AI etc. They will be able to outbid anyone local easily since they're already paying a lot for them in SF/NYC/DC/Seattle/Portland/Austin etc.
- foobiekr 8y agoYour downsides are noted and possible, but the big picture of building out in other areas isn't necessarily a bad thing at all. The local bidders already have to compete with remote offers and people leaving.
- maxxxxx 8y agoThat would possible be good for the low cost areas. Right now everybody crowds in high cost areas so if this would cause them to spread out I think this would be good for the country.
- stale2002 8y agoYes, they might do this. I am confused as to why you think this is a bad thing. I think it would be an amazing development that would only help engineers to get paid more. If these nich fields aren't able to afford to pay engineers the market salary, then I say screw them. They deserve the negative consequences. Nothing would make me happier than for employers who are underpaying people, to be punished.
- belltaco 8y agoThey are research labs that are hiring Masters students and PhDs just out of college, working on cutting edge technologies. Salary alone doesn't mean talent.
- stale2002 8y agoNo, salary alone does not mean talent. Instead, I am arguing that these theoretical research labs do not deserve to have any talent if they do not pay that talent market salary. I want these research labs to get screwed. I hope that they fail. Because they deserve it.