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> You greatly increase your pay per hour of work I don't think this is guaranteed to happen. Another possible outcome is that tech salaries will pin to the low
by bhupy 6y ago
> You greatly increase your pay per hour of work
I don't think this is guaranteed to happen. Another possible outcome is that tech salaries will pin to the lowest common denominator, such that employers will "outsource" much of their engineering work to engineers that live in low cost-of-living markets.
- balfirevic 6y agoSounds pretty good for those engineers.
- fapjacks 6y agoYeah, it's great news for engineers living in places where people don't pay more than a dollar per day for food. "Eat the rich" is one of most unintentionally-ironic phrases ever muttered.
- Consultant32452 6y agoAs someone whose friends are mostly blue collar workers who were scolded for being concerned that "poor people from other places will steal our jobs", I'm finding all of these posts to be delightful.
- dodobirdlord 6y agoIt's pretty funny. Though it's misguided for the same reason. Making high-productivity jobs available to more people is good. In 2015 it was estimated that US GDP is 9.5% lower than it could be as a result of housing shortages in just San Francisco, New York, and San Jose. https://www.nber.org/papers/w21154 https://www.nber.org/papers/w21154