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China has eaten European manufacturing, India will eat most of Europe Service jobs through remote positions. Europe will be saddled with debts, looking like a d
by kwere 2y ago
China has eaten European manufacturing, India will eat most of Europe Service jobs through remote positions. Europe will be saddled with debts, looking like a disfunctional Argentina squabbling about populist socialist /nationalist talking points.
- kazen44 2y agoexcept that globalisation is on the downturns, especially in terms of the political will in europe. Exporting the manufacturing of to china is currently seen by many as a mistake (especially deindustrialization in regards to military hardware). I highly doubt service jobs will be exported, especially considering the many different languages and the fragmentation of those languages.
- therealdrag0 2y agoSeeing exporting as a mistake and doing something about it are different things. Will be interesting to see what happens. Generative AI may help with the export or deprecation of service jobs.
- kwere 2y agoFront-office jobs will be kept local, but expensive / labour intensive backoffices will be moved to cheaper places. Right now Eastern Europe due to bilingualism is a Hub for this: Poland, Czechia, Romania, Albania. India will become appealing when most European business jargons will be english first. Already happens in Software dev, Marketing, Product design, even Legal / compliance, etc...