> Top 0.1%ile of 8,000,000,000 is 8 Million."All of humanity" a silly denominator.
There are fewer than 30 million software engineers in the world [1], so at 0.1% we're talking about 30,000 people worldwide. That's... not a lot of people. At all. There are waaaaaay more than 30K "we'll pay anything for the best" SWE positions in the world.
> Most woke, liberal graduates were protected from competition from other countries due to their location advantage.
On the contrary, I think those "liberal graduates" understand the US SWE labor market better than you do.
Tech is one of the least protected occupations in the United States. Driving up the supply of tech talent has been an explicit goal of the United States' immigration policy for 30+ years. Unlike medicine or engineering, there's no licensing barriers. And outsourcing has been an option for decades.
A lot of the labor market disruption you're predicting already happened. Stuff that could be effectively outsourced to IIT grads was outsourced over a decade ago. At this point, I'd bet good money that over the last 10 years or so automation (aka cloud and devops) was responsible for more IT layoffs than outsourcing.
> Ironically these woke employees are demanding remote work, displaying their usual cluelessness about unintended consequences.
I thought this would happen as well, but data seems to suggest exactly the opposite.
Also, while we're on the topic, outsourcing and skimping on engineering compensation obviously works -- just look at how IBM has taken over the tech industry while domestic firms like the FAANGs have languished ;-)
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[1] https://www.daxx.com/blog/development-trends/number-software...