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Agree. Remote work during pandemic has shown companies they don’t need legions of mid- and low-tier white collar workers onshore. You can hire top tier college
by navi0 4y ago
Agree. Remote work during pandemic has shown companies they don’t need legions of mid- and low-tier white collar workers onshore.
You can hire top tier college educated talent in the Philippines for $30K/yr. They work US hours and are hard working. A friend runs his entire US operations for a $5M/yr revenue company with just one other US-based employee.
- lvl102 4y agoI think it will be the other way around. Wages abroad will rise. Same with standard of living.
- navi0 4y agoYes, both can be true; one would expect that to happen over time until supply meets demand. It will do to service/clerical jobs what 90s-10s globalization did to manufacturing.
- lm28469 4y agoThis is a very naive view of the whole thing, unless we have global tax systems this would destroy most places in a generation
- navi0 4y agoI take no position on whether this is socially desirable or not. Just pointing out the direction of travel.