4 ms·
There’s a lot of value in those high CoL areas. A lot of concentrated knowledge and skill is in the Bay Area.
by pokstad 4y ago
There’s a lot of value in those high CoL areas. A lot of concentrated knowledge and skill is in the Bay Area.
- postexitus 4y agoIf that value justifies the cost, there should not be a problem. Some of that value may move to low CoL areas and offer comparable value for much lower cost - then things will start to become complicated - this is totally based on the assumption that that value is only available in high CoL areas.
- pokstad 4y agoThe problem is when you hire those high CoL areas, extract value by training others, and then discard them. This will make high CoL workers more hesitant to join a globalized employer.
- postexitus 4y agoAnd then what will happen?
- foobiekr 4y agoYou say that like the sequence described has not been common since the nineties. Assuming you knew that, why is now different? And if you didn’t know that, there’s your answer.
- PoignardAzur 4y agoYou say that like it's a bad thing. International corporations don't have a duty to subsidize poor Californian urbanism policies.
- dewey 4y agoThere's also a lot of "concentrated knowledge and skill" in other places of the world.