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The point is network effects and total wealth. Imagine we could import every programmer in the world and put them all in Silicon valley. Hard to imagine that be
by johngalt 14y ago
The point is network effects and total wealth. Imagine we could import every programmer in the world and put them all in Silicon valley. Hard to imagine that being a bad position for the US.
A good analogy would be the financial systems of London and New York. Just because all the financial people congregate there doesn't mean they are taking jobs from the local talent.