187 karma · joined December 30, 2024
You have to remember there are people that have a budget of unlimited money with the problem of "how do we capture greenland". Even crazier things like "how do we lower the birth rate of X" are other problems people have unlimited money to throw at.
Remember this for your entire life as you see history unfold.
No one wants kids, religion, different sex partner.
Instead they're pushing crime, drugs, prostitution.
It's almost as if they've been programming society with little nudges. well F them.
The one thing I would say that I agree about however is there is a difference in a person that went to college vs one that didn't. It's not exactly what they learned, but the filter they had to punish themselves through to say "I finished college". And yes, there is no other filter that does that. You can find people like that who didn't go to college too, but the "filter" is a convenient thing for employers.
We need to go back to a system where there are apprentices and masters and get rid of this entire college thing. The filter works just as well in those scenarios without putting people in 100k of debt.
60 Minutes in 1990 would have DREAMED of breaking the MN scandal story. I remember them breaking a story like Gasoline pump fraud in the 90s and it didn't do any research other than recording gallons pumped into Gallon Water jugs - but they still posed it as fraud.
I would have believed Ukraine to have been the largest.
I get that from another perspective your answer is also correct, but the reality is the large pay is really so that EA's blockbuster video game sells and a small upstart of 45 software people that want to make their own amazing game does not beat them. Those 45 people will take the paycheck rather than collectively start a game company now.
What happens next no one is sure, but I can tell you, that if the amount of cheap software surfaces because 1 man army companies take out TeamViewer, Photoshop, Jira, etc... because of LLMs - then those wages will drop, and drop fast and it has nothing to do with the 330 million people "having a say".
For the most part, the price of a shirt made in India vs USA is the cost of labor. The Indian woman will work for $3 per hour which is a decent wage for that area (don't fact check me, it's just a guess here). She can probably make 5 shirts an hour.
A woman in the United States will make $16 per hour and still make just 5 shirts (or less - more rules in the US about breaks, and probably streaming Netflix too)
Now the company that sells the shirt at Walmart for $10 will have a profit margin of probably $5 per shirt from the Indian labor, and $1 from the US labor.
Technically after the industry is built out more we may be able to squeeze more shirts per hour if we start doing technical innovations (for example we make a machine that pre-sews 5 of the seams because of innovation. This is something that won't happen if the center of gravity is in India, but may happen in the US. (Actually today that may happen in India as tech is taking on its own thing there now).
For cars I found it interesting that my water pump on my Dodge Ram is stamped with Made in Italy. Yet the part is fairly small that even if Italy continues to make it, they can ship 50k water pumps in one shipping container to Detroit, and the truck can still be assembled here. That's not an issue. The issue is when the truck is made in Mexico entirely (which I think they still are). I know that's not "the entire supply chain" but it certainly becomes a center of gravity.
Last year many people were talking about dev shops changing their "center of gravity" from the US to other places like Poland. In other words, CEO here, EVERYTHING else is in Poland. Wherever that center of gravity is, that's the country that will benefit the most. They may even hire a remote worker in the US that is up all night - but it will be the exception, not the rule to hire US people.