11–20 of 259 posts
I've heard some B-school grads refer to this as some "inflection point". They were talking about more overseas workers for IBM in 2006 or so. The more important question is in which direction does the money flow? It has to be net positive for the US albeit not to US upper middle class programmers. My simple rule of thumb is if the move is not filling up CxO level coffers, it won't happen.
I think that this is a good example of how racism, conscious and unconscious is making us worse at predicting the future. Ten years ago, so many Americans were making jokes about poor quality Indian code and Indian accents. The idea of Indians actually working innovative jobs seemed laughable to many Americans. But there wasn't actually strong evidence that Indians were less good at doing cutting edge research. This…
"It often takes 2 and sometimes 3 Indian employees to perform the role of the North America diluting the savings." https://nyti.ms/2yxCQGX
I've heard some B-school grads refer to this as some "inflection point". They were talking about more overseas workers for IBM in 2006 or so. The more important question is in which direction does the money flow? It has to be net positive for the US albeit not to US upper middle class programmers. My simple rule of thumb is if the move is not filling up CxO level coffers, it won't happen.
If $100 million flows from AT&T to IBM. And IBM pockets $10 million and sends $90 million to India, that would be a net -$90 million for the US economy.
I think that this is a good example of how racism, conscious and unconscious is making us worse at predicting the future. Ten years ago, so many Americans were making jokes about poor quality Indian code and Indian accents. The idea of Indians actually working innovative jobs seemed laughable to many Americans. But there wasn't actually strong evidence that Indians were less good at doing cutting edge research. This…
In the tech sector at least, the relative salaries of employees located in India is still significantly lower than those in most America metropolitan locations. This overall reduced cost to a company is significant enough to invest in the market. As India is still considered a developing country, the quality of life, while debatable, would be considered a downgrade for many who could potentially be poached from other…
I'm not surprised. As H1-B regulations keep getting more strict, this phenomenon will spread to other big players in the industry.
I think that this is a good example of how racism, conscious and unconscious is making us worse at predicting the future. Ten years ago, so many Americans were making jokes about poor quality Indian code and Indian accents. The idea of Indians actually working innovative jobs seemed laughable to many Americans. But there wasn't actually strong evidence that Indians were less good at doing cutting edge research. This…
As an example of this racism, I'd use this comment from the article: "It often takes 2 and sometimes 3 Indian employees to perform the role of the North America diluting the savings." https://nyti.ms/2yxCQGX
But all of it is just anecdotal evidence (it goes both ways).You are not only forgetting about how economics work but also evidently omitting how that happened that US is so rich and can afford paying such salaries.
I really do not want to elaborate more but todays tech companies create such huge social disparities in India that literally everyone wants to work in IT just to uplift himself from "3rd world poor" to EE standards.
I've heard some B-school grads refer to this as some "inflection point". They were talking about more overseas workers for IBM in 2006 or so. The more important question is in which direction does the money flow? It has to be net positive for the US albeit not to US upper middle class programmers. My simple rule of thumb is if the move is not filling up CxO level coffers, it won't happen.
Why would it have to be net positive for the US? If $100 million flows from AT&T to IBM. And IBM pockets $10 million and sends $90 million to India, that would be a net -$90 million for the US economy.
I think that this is a good example of how racism, conscious and unconscious is making us worse at predicting the future. Ten years ago, so many Americans were making jokes about poor quality Indian code and Indian accents. The idea of Indians actually working innovative jobs seemed laughable to many Americans. But there wasn't actually strong evidence that Indians were less good at doing cutting edge research. This…
Let's say, an engineer's monthly salary is $10,000 in the US and he can afford X level of arbitrary "comforts in life". To be able to afford the same X level of arbitrary "comforts of life" in India, he'd need just $3000 - $3500.
These numbers are for illustration purposes only. Actuals will vary. of course.