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Fascinating. No need for immigrants at all. I wonder why...
by linksnapzz 4y ago
Fascinating. No need for immigrants at all. I wonder why...
- sangnoir 4y agoHaving your pick of talent from a population of 1.2B people would be my first guess
- linksnapzz 4y agoThe US has ~300 million. Surely that's a sufficient pool to provide all the personnel needed.
- senttoschool 4y agoChina (and East Asian countries in general) heavily emphasize STEM careers. There are more honor roll students in China than there are students in the US. There's no need for Chinese software companies to pay $500k/year for a single senior software engineer like some SV companies. There are a lot more them in China. Part of it is the East Asian culture. Part of it is that the US has been wealthy for so long that the student population choose arts and humanities over STEM. When your family is/was poor, you'd rather go into STEM. It's only a matter of time, in my humble opinion, that China surpasses the US in technology - especially with the US' tougher stance on immigration, polarizing society, and unfriendliness to immigrants. For now, the US is still clearly in the lead after a ~100 years head start.
- linksnapzz 4y agoSo...cheap labor is the solution. Good to know. It must be very convenient for Chinese companies to have a deep pool of qualified talent that is unwilling to relocate in order to get a massive salary increase.
- dirtyid 4y agoMany are willing to relocate, mostly to US for SV wages, but US is increasingly hostile to PRC talent. That said, PRC pipeline generating as much STEM talent as OECD combined, too much for west to brain drain and absorb and % of talent with English fluency is limited. See recent record youth unemployment... it's not great but also not terrible problem to have. Meanwhile US has massive STEM gap but also increasing distaste for incubating PRC talent because espionage.