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%34 of the world population are from India and China. And to be honest there isn't as many ex-soviet engineers in FANG as you would think, they are vastly outn
by novok 5y ago
%34 of the world population are from India and China. And to be honest there isn't as many ex-soviet engineers in FANG as you would think, they are vastly outnumbered to chinese and indian engineers.
When you hire the world, your demographics are going to represent the world for the most part. There are a few modifications as to why latin america, africa and developed nation people are not as well represented, but it still holds.
- bencollier49 5y agoThat's an interesting observation, because paired with the elite overproduction hypothesis, it implies that allowing skilled immigration destabilises the country those people are entering, and stabilises the one they have left.
- novok 5y agoBy playing to win like the tech companies do, they created a growth frontier that allows for more total elite capacity, and it shows as pretty much only growing part of the US economy. Overall if the US didn't allow immigration in this regards, it probably would have been way worse overall. Do you want to be a king of a trash pile or a player in an empire?