Earlier quoted context omitted.
> If you want to code in Haskell or Lisp in Europe, good luck. Uhh... https://trustica.cz/category/tech/racket/
Heck, even Ocaml! https://www.lexifi.com/
Remote work will break the US monopoly on global talent
321–330 of 534 posts
Re: Remote work will break the US monopoly on global talent
#322No no no no. Let's go down the list, shall we. Remember, COVID or not, remote work trend accelerating or not, things have not changed as much as they seem: * People STILL want to migrate to the US and it will remain one of the top choices. People move her for economic/job opportunities, sure, but that's not all. * Outsourcing (or hiring remote teams in remote offices), as well as setting up remote and international o…
I think the US has nothing to fear from remote work -- they will outsource even more work and again benefit from the arbitrage. But it is true that it will diminish their talent advantage, and that will be good for them.
Re: Remote work will break the US monopoly on global talent
#323Except: - no country pay like the US. Worked for silicon valley companies remotely, and made twice the money I made in France, while being 3 times cheaper than local competition. - no country have the volume of hi-level coding gig job offers the US has. - few countries even have has many interesting projects. If you want to code in Haskell or Lisp in Europe, good luck. - the USA don't care about your diploma, only wh…
It’s not like the USA wants to pay more. If they can get away with paying less for the work, they will.
Re: Remote work will break the US monopoly on global talent
#324We had an offshore subsidiary in India. The problems with it were LEGION.
1. The key issue was overall quality. I'm sure it's possible to get good code out of an offshore team, but we couldn't. Their contributions to our code base comprise the lion's share of the technical debt we're carrying.
2. Time. Working asynchronously is really, really hard, even without any other issues floating around. I wouldn't want to work async with the best devs I've ever known, let alone a "regular" dev.
3. Culture. Local cultural differences can KILL developmental communication. If the local customs discourage saying "no, I don't understand" or "no, we can't do it that way" or whatever, then you end up with bad code and a worse product even if you get anything at all out of it. (I have my biases here, but I'm trying to frame this as a mismatch of expectations and not, as some might, an example one way being Good and the other Bad.)
I might be willing to work with proven, reliable, highly communicative resources at a 6 hour offset, but a new hire on the other side of the planet working local hours? No way.
Re: Remote work will break the US monopoly on global talent
#325Earlier quoted context omitted.
Yep. Every time I see a US-focused article complaining about pay adjustments when people move to new regions to work remotely I just wonder where everybody has been for all these years where their coworkers in London or Vancouver are getting paid 50% of their wage for the same work.
Keep in mind SV is full of immigrants….
Re: Remote work will break the US monopoly on global talent
#326Earlier quoted context omitted.
facebook is hiring 10,000 developers in the EU to build the Metaverse. https://www.reuters.com/technology/facebook-plans-hire-10000... My daughter is looking to go into software engineering and I was explaining to her that most of the high paying jobs are in the US and there's a big brain drain out of Europe (we're Brits). Not to dissuade her, but that she might consider that as an option on graduation. I was specula…
There's also some very high paying software engineering roles in the UK, such as machine learning engineers. Of course, the salary varies from the north to the south quite a bit. Nevertheless, you can get 100k just out of uni in an ML role! Especially if it's following a PhD.
>Nevertheless, you can get 100k just out of uni in an ML role! Especially if it's following a PhD.
I wouldn't call that "very high paying" at all compared to the US ones. $100k is way less than what a non-ML undergrad dev gets at an entry level FAANG position in the US. And yes, even for remote positions (within the US specifically and, to a degree, Canada; felt the need to clarify, because FAANG positions outside of the US/Canada pay much less, despite still being usually noticeably higher than local alternatives), so no need to go the "but living in Bay Area is extremely expensive".
But for an ML role that requires a PhD? $100k in the US for that would be laughable. Not trying to stir anything up or argue, but I do recommend doing a bit more research on the topic, especially if you are trying to help a future college student make a decision on a degree/career path. A good starting point would be checking levels.fyi, which seems to be by far the most accurate resource on tech salaries from my experience, despite sometimes showing a few random datapoints that are a bit off (mostly due to some people not entering their stock grants or annual bonuses properly and not accounting properly for vesting)
Re: Remote work will break the US monopoly on global talent
#327Earlier quoted context omitted.
> it will make the US more powerful economically and make its tech companies more dominant. Which is exactly what it will do. Why wouldn't other nations react accordingly? What power does the US have to stop this? 1) Other nations increasingly have a large supply of high-skill talent. 2) Other nations will use capital and subsidies to launch their own tech firms employing their own workers. There are startup accelera…
The US has the tech companies MASSIVE wealth to stop this. It is all well and good to subsidize local tech companies, but for a majority of junior/senior devs you can't compete with $250K/yr in pay from FAANG companies whose stock won't stop rising and whose name on resume basically sets you up for life (exaggerating, but its not that far from the truth for a non-US and even US developers) Your third point doesn't ma…
This might surprise you, but some countries manage to achieve something like that. In Austria for example, if you go freelance (self employed) you'll actually end up paying more tax than being a FTE (which has already one of this highest taxes in the EU) while losing all the benefits of being a FTE like PTO, overtime and such.
So yeah, turns out high taxes are a pretty strong deterrent.
Re: Remote work will break the US monopoly on global talent
#328Earlier quoted context omitted.
It seems white americans are far behind many asian ethnic groups https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_U...
That's because US immigration policy selects for immigrants with significant wealth or specialized educations and experience. Our policy specifically selects for high earners and the already wealthy. You can see this effect clearly from your own source, where Australian Americans and South African Americans both have higher median incomes than almost all Asian American households, as well as white Americans. Same thi…
Re: Remote work will break the US monopoly on global talent
#329Earlier quoted context omitted.
It's certainly affordable with tech pay - but... that's the point of the article isn't it? Tech pay is sky high because US is overvaluing US talent. Most millennials in the US cannot afford to buy a home here. Agreed Panama is a bad example, but not Croatia - it's politically stable, and I don't believe many people leave because of corruption.
I am not sure the US is overvaluing US talent, I am undecided there... The average salary of a millenial is $47k a year, average millennial household makes $71k. The average mortgage payment in the USA is $1,487 ($18k over a year). So 25% to 38% of salary right? I think I did that right but feel free to clarify. Seems doable right? I think the USA is a mess, especially for millennials but when you look at the housing…
It is very normal to rent your whole life, especially in big cities. Renter laws are very strong. House ownership is higher in rich, rural parts of the country (think south of Munich), so this skews the average house price. Also the quality floor is much higher than in the US, pushing up average prices. $20k trailer park homes simply do not exist in Germany.
Re: Remote work will break the US monopoly on global talent
#330Except: - no country pay like the US. Worked for silicon valley companies remotely, and made twice the money I made in France, while being 3 times cheaper than local competition. - no country have the volume of hi-level coding gig job offers the US has. - few countries even have has many interesting projects. If you want to code in Haskell or Lisp in Europe, good luck. - the USA don't care about your diploma, only wh…
So that's kind of the point - those remote workers for US companies will do their daily spending, house construction, etc and pay their taxes outside of USA, boosting the economy and creating the demand for non-developer jobs there instead of USA.