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I don’t want to dismiss your question, but to be honest I don’t know how to answer it. Maybe if everyone did it new arbitrage opportunities would arise so that

I don’t want to dismiss your question, but to be honest I don’t know how to answer it. Maybe if everyone did it new arbitrage opportunities would arise so that it would become more lucrative to move somewhere else where there is a demand for services that nobody is doing anymore? But I am not an economist so I am not interested in reading 50 pedantic comments about how my previous sentence is inaccurate. I do not concern myself with non-practical (in my opinion) matters because I know that the vast majority of people will not take that path, so it’s likely not an issue.

endisneigh 5y ago
What...? You said: > rather than simply admitting that they willingly chose a different path in life, but they could have chased my same opportunities with largely the same financial outcome. But then you also say > I do not concern myself with non-practical (in my opinion) matters The "concern" is your own advice.
- deanmoriarty 5y ago
  I find your comment incredibly pedantic (just my opinion, no offense). In my opinion, a practical matter is a single person (specifically, one of my peers in my home country complaining about my compensation without taking any action) deciding to make sacrifices to immigrate to the US. A non-practical matter is worrying about everyone in my home country deciding to do the same.
  - endisneigh 5y ago
    I don't see what's pedantic about it. Do you believe someone who were to try to take the same path as you could have the same financial outcome today? How would it change if they couldn't get to the USA?
    - deanmoriarty 5y ago
      > Do you believe someone who were to try to take the same path as you could have the same financial outcome today? Yes, I do believe that, the odds of legally entering the US with a CS degree are still largely the same of when I entered a few years ago and are reasonably attainable with enough perseverance over a few years, there are different academic and worker visas that can all be used to get a foot in the door. Also, the job demand is significantly higher today than it used to be a few years ago. New grads can make $200k+ compensation, my comp as a new grad was like $35k and I still did fine. Naturally going down this path will require significant sacrifices, as per my original comment. You need to be willing to be very frugal and likely move away from parents, friends and family, and not knowing for many years what your final immigration status will be (as you move from temporary visas to permanent visas to green card etc.). In my case, it also means no kids, no car, etc. (similar life as the author, I assume). My whole point, let’s please not forget, is that on average people are not willing to make the above sacrifices but they still like to loudly complain when folks share articles like this one. > How would it change if they couldn't get to the USA? The odds are good they will, in my opinion. If they won’t, there are other options. Sampling my friends: - if you are slightly more entrepreneurial, move to another tax-favorable country like Malta (similar tax rates as US) and contract with American companies, with financial outcomes largely similar to mine. - if you just want a typical employee experience, Canada is also a really good option that many of my European friends who didn’t want to go through the US immigration gauntlet chose, and they are doing very well. Once again, all these decisions take sacrifices but they are relatively attainable.
evv555 5y ago
>I do not concern myself with non-practical (in my opinion) matters because I know that the vast majority of people will not take that path, so it’s likely not an issue. Vanguard index funds are basically meme stock status in large part because of articles like this. So arguably it's already happening and distorting prices.
- bradlys 5y ago
  It already is. Along with the companies. The top tier paying companies are flooded with candidates and difficult to get into because of articles like this. People are already doing all this. Probably about as many that ever could. It’s why the interview process is so ridiculous and keeps getting more difficult.

endisneigh 5y ago

What...? You said: > rather than simply admitting that they willingly chose a different path in life, but they could have chased my same opportunities with largely the same financial outcome. But then you also say > I do not concern myself with non-practical (in my opinion) matters The "concern" is your own advice.

deanmoriarty 5y ago
I find your comment incredibly pedantic (just my opinion, no offense). In my opinion, a practical matter is a single person (specifically, one of my peers in my home country complaining about my compensation without taking any action) deciding to make sacrifices to immigrate to the US. A non-practical matter is worrying about everyone in my home country deciding to do the same.
- endisneigh 5y ago
  I don't see what's pedantic about it. Do you believe someone who were to try to take the same path as you could have the same financial outcome today? How would it change if they couldn't get to the USA?
  - deanmoriarty 5y ago
    > Do you believe someone who were to try to take the same path as you could have the same financial outcome today? Yes, I do believe that, the odds of legally entering the US with a CS degree are still largely the same of when I entered a few years ago and are reasonably attainable with enough perseverance over a few years, there are different academic and worker visas that can all be used to get a foot in the door. Also, the job demand is significantly higher today than it used to be a few years ago. New grads can make $200k+ compensation, my comp as a new grad was like $35k and I still did fine. Naturally going down this path will require significant sacrifices, as per my original comment. You need to be willing to be very frugal and likely move away from parents, friends and family, and not knowing for many years what your final immigration status will be (as you move from temporary visas to permanent visas to green card etc.). In my case, it also means no kids, no car, etc. (similar life as the author, I assume). My whole point, let’s please not forget, is that on average people are not willing to make the above sacrifices but they still like to loudly complain when folks share articles like this one. > How would it change if they couldn't get to the USA? The odds are good they will, in my opinion. If they won’t, there are other options. Sampling my friends: - if you are slightly more entrepreneurial, move to another tax-favorable country like Malta (similar tax rates as US) and contract with American companies, with financial outcomes largely similar to mine. - if you just want a typical employee experience, Canada is also a really good option that many of my European friends who didn’t want to go through the US immigration gauntlet chose, and they are doing very well. Once again, all these decisions take sacrifices but they are relatively attainable.

evv555 5y ago

>I do not concern myself with non-practical (in my opinion) matters because I know that the vast majority of people will not take that path, so it’s likely not an issue. Vanguard index funds are basically meme stock status in large part because of articles like this. So arguably it's already happening and distorting prices.

bradlys 5y ago
It already is. Along with the companies. The top tier paying companies are flooded with candidates and difficult to get into because of articles like this. People are already doing all this. Probably about as many that ever could. It’s why the interview process is so ridiculous and keeps getting more difficult.