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UK's hardware talent is being wasted

josef.cn

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Re: UK's hardware talent is being wasted

#551
post #496

Earlier quoted context omitted.

I have noticed this anecdotally as well in costal areas of the United States. It’s like textbook Baumol’s cost disease[0], except housing is rising fastest while the cost of labor nearly not at all, because buyers (hiring firms) just don’t buy [0] https://en.wikipedia.org/wiki/Baumol_effect

I always found it interesting that a lot of economists thought that a rising tide lifting all boats could be characterized as a "disease".

Personally I'd prefer it if good quality healthcare were cheaply available to all without having to be bottleneck on expensive-and-time-consuming-to-train human labour, even if it did mean that the 0.5% of the population that are doctors might end up working differently (and not necessarily for less -- it's not as though the industrial revolution has impoverished society).

Re: UK's hardware talent is being wasted

#552
post #151

If engineering isn't near the factory, it's not as effective. Here's one of the most generic electronic components - a 1K resistor.[1] These sell for about US$0.0015 each. DigiKey has a list of many suppliers. There are a few old-line US resistor makers in there, including Bourns and Ohmite. They're price competitive with Chinese companies. But when you look up their engineering job locations, none are in the US or U…

> spend their lives inside a big factory in a low-wage country Some gladly would if paid handsomely by the local standards, that is, adequately by the US standards. The bigger problem is raising children away from your native culture.

I spent a decade in a low-wage country and the number of people who were "glad" to spend even half that much time there -- paid handsomely! -- could probably be counted on one hand. Virtually the only people who stay longer than 3-5 years are ones who end up founding their own businesses there.

Raising children away from your native culture isn't the deal breaker you imply. There are international schools (though, with eye-watering fees) and expat enclaves in most places I've been.

But very few (effectively zero, though I did come across a handful of exceptions) companies treat these employees the same way as the ones back in the home country. If you don't rotate back to HQ in ~3 years then you're in a career dead-end. So you've got this situation where you need people who are ultra-ambitious -- willing to throw away all their existing social networks to go work in a foreign country for years on end! -- but that means those same people aren't going to want to stay past their expiration date. And companies know that, too. A lot of them make it an explicit part of the deal. I met one high-level guy (regional CTO I think?) at Coca-Cola who was Indian and the deal with corporate was he'd do 3-years in a low-income country (not India) but then he'd get transferred to the US. Met some people in the oil industry who had similar deals. Do 2 years in Vietnam then you get to go to Malaysia or whatever.

Re: UK's hardware talent is being wasted

#553
I'm somewhat bucking this trend as a hardware engineer in London, a few comments:

> Geographical Constraints: Unlike lucrative software jobs, hardware engineering demands physical presence.

Not completely true. Our engineers take hardware home, and I have a mini-lab at home for developing hardware. If COVID2.0 kicked off tomorrow, we would be robust against this.

> Venture Capital: European VCs, mostly bullish on fintech and SaaS, remain wary of hardware. Result? A feedback loop of underinvestment and missed opportunities.

Extremely true. I cannot overstate how wary of hardware investors are. As with software, you have two types of hardware: research-based and engineering-based. Engineering-based hardware is actually quite low risk if the risks are well understood.

> Innovation Stagnation: We're not just losing salary differences; we're missing out on the next ARM or Tesla.

100%. Even when the UK accidentally creates the likes of ARM, it always fails to stop it being purchased by other Countries.

> False. London is around the same as NYC and more expensive than most parts of California and definitely Texas. This also ignores:

I'll put some numbers to it. If you want a house share (one bedroom, shared common rooms and utilities), at a £1600 budget you will struggle to find somewhere. On a £25k salary, losing £5k to pension, etc, your ENTIRE salary goes on accommodation. If you are one of those pesky eating humans who sometimes requires clothes, travels to work, etc, it's literally impossible.

> "UK's small market limits growth."

In any situation you have to realise the opportunity. As the article points out, the hardware engineers are 25%-50% of their US counterparts at the same quality.

> Your next unicorn isn't code. It's cobalt and circuits. Back the tangible.

It's actually a mixture of the two. Software and hardware working in tangent. The barrier to entry with software is very low, it's difficult to compete there. The barrier to entry to hardware is higher due to time and costs, you can work there and have less concern about competitors.

The profit margins are also far higher, as there is a tangible thing, there is a greater perception of value. You buy and it takes a year to develop. You spend another year writing , people expect to get it for free, despite the same resources being applied. When you buy , the next iteration which is a year of can be sold at full price, and people will pay it.

Re: UK's hardware talent is being wasted

#554
post #299

Earlier quoted context omitted.

Which regulations exactly you find burdensome or overwhelming and stopping you from attempting the become wealthy, change your life and the world maybe? Why would you skip having 1 billion Euros just because you could have had 2 Billion but the government took the rest? Up until 1960's rich Americans payed %91 tax, and yet they kept their entrepreneurial spirit - why you can't do the same at the stated %50? When Appl…

Canadian here. It's not so much any single regulation, as it is there's so many little ones that seem reasonable on the face of it. But it's also that what makes the ruling Canadian class so is the authority to bypass those regulations. I can give one personal example; I was able to secure some public funding application for a non profit I'm affiliated with. But the only reason I was able to do that was because my pa…

This is very interesting anecdote because it resonates with something that a friend of mine said when I pressured him to explain which regulations exactly are causing him problems in EU.

As it turns out, he also complained about excessive documentation he needs to get public funds for his project.

So both of you are actually complaining about accessing public funds and not actually doing private investment or starting a private company with private funds.

this is not what most of the Americans do and this is not what they mean by startups or business. Mostly.

Re: UK's hardware talent is being wasted

#555

Earlier quoted context omitted.

It's because post GFC the USA stimulated and the EU went all in on austerity. It is fairly clear what was the best option.

The UK did not choose austerity: https://commonslibrary.parliament.uk/research-briefings/sn06... but still has worse growth than the US.

Can you explain how your link supports your argument?

The conservatives ran austerity-based policies for the last 14 years. Is your argument that they did not have a choice?

Re: UK's hardware talent is being wasted

#556
post #159

Earlier quoted context omitted.

Completely agree, the problem in Europe is not regulations or anything like that - it is a mindset issue. It is one of things that europeans can learn from Americans. My hypothesis is that this is a combination of old money and class consciousness. In other words, the rich are risk averse because all they care is preserving their wealth and the working class don’t believe and can’t even imagine that more is possible.

EU drone regulations ban autonomous drones from being flown. This made me stop work on them, this is not a mindset problem. It's actually a corruption problem as Google wanted to sell their software to coordinate drone flights and the EU people were "persuaded" to enact regulations to make this happen.

This is interesting, can you give a bit more details maybe? Which regulations are not allowing you to do what? I wasn’t able to find the ban, is it maybe more about safety and privacy requirements rather than outright ban?

Re: UK's hardware talent is being wasted

#557
This is really not a UK-only thing, it's a thing everywhere.

The US has some defense jobs that pay well (but are immoral IMO), and there are some gambling-machine related jobs that pay well, but otherwise engineering pays really poorly.

I used to work as an embedded engineer in Slovenia, in the automotive industry, and wanted to potentially move to Germany or Austria or Switzerland to do something similar. After interviewing with some really prominent companies, household names if you will, and seeing their offers - I bushed up on my CS and switched to finance.

Re: UK's hardware talent is being wasted

#558

I don’t think it’s just a UK thing, or that it’s much easier to start a hardware startup in the USA. I think it’s more that the bar for getting a hardware startup off the ground is much higher than a software startup - everywhere in the world. Personally I’ve been trying to self-fund and bootstrap a hardware startup (based in Australia but I’m reasonably well connected in Silicon Valley as I’m a YC alum). I’ve had pl…

The largest problem I see is shipping times. If I need to download a new software "part" (library or other), the shipping time is the download time, nearly instant.

If I need new hardware pieces, its either next day shipping, a few days by air-freight or three weeks on a boat from china.

This limits prototype turnover time, and means iterating quick is much harder.

Finally you have the problem that hardware is expensive and an additional cost. A hardware startup has all the same costs as a software company but with the addition of hardware.

Re: UK's hardware talent is being wasted

#559

Earlier quoted context omitted.

There is a constant narrative that is pushed on everyone that immigration is necessary because people won't do the menial jobs. There is a huge number of problems with this this narrative. * Menial jobs were/are normally done in the past by younger more inexperienced people. These were usually done part time while in education. This allows younger people to build basic competency and money management skills. They are…

It's conflating a bunch of things. Menial routine work for juniors has been eliminated or automated to the margins, that much is true. No office-boys and far fewer supermarket cashiers. For those with people skills, there's plenty of café work, but that's about it. On the flip side though, the educational/academic landscape for the upper quartile of young adults is hugely more competitive. Nobody is making it to a Ru…

> It's conflating a bunch of things.

Not really. I am talking generally about this notion that we need to keep importing people.

> Menial routine work for juniors has been eliminated or automated to the margins, that much is true. No office-boys and far fewer supermarket cashiers. For those with people skills, there's plenty of café work, but that's about it.

That is often repeated but I don't think that is quite as true as people make out. There aren't robots yet (or likely to be) stacking the supermarket shelves. Yes self service has taken most of the cashier jobs (not all btw).

> And a shift, for various reasons, to the contracted-out agency model for cleaning. Mostly done by immigrants, but they work harder than most semi-retired Brits would be willing to. Even if they're less flexible than the old boy who'd fix a bad door or window as well as sweeping the floor, and have none of his loyalty.

In other countries to emigrate there you need to have skills they need. When I moved abroad previously the company had to justify looking outside of the country to employ me. I don't understand how it can be justified that they can't find cleaning staff. BTW I employ a cleaner so I know roughly how much they cost.

> UberEats on the other hand is taking the mick. A lot of their workers are undocumented, the self-employed contractor status allows the operator to avoid the normally stringent penalties for immigration law breaches. I don't know if they lobbied for the law to be that way, but it's a massive loophole. So this is illegal work and maybe shouldn't be conflated with legit immigration. How much it's a problem I'm not sure.. the actual numbers are quite small, but like the loudspeakers on the bus thing, it's a very visible breach of the norms and rules, so there's an argument that it's bad for society on that basis. And like I say, the operator is blatantly exploiting it, they can't be blind to what's going on. I'm pretty liberal on immigration, miss the positive contribution the former Eastern Bloc countries made prior to Brexit, but the whole food delivery sector is overdue a clean out.

It doesn't matter whether it is small or not (I don't think it as small as you are making out). It shouldn't be happening. Also just because you don't like the people that are highlighting this issue, doesn't mean that the issue isn't important.

The reason why things are a mess is that nothing gets sorted out properly in the UK. We have had leadership failures now for years.

Re: UK's hardware talent is being wasted

#560

Earlier quoted context omitted.

It's because post GFC the USA stimulated and the EU went all in on austerity. It is fairly clear what was the best option.

The UK did not choose austerity: https://commonslibrary.parliament.uk/research-briefings/sn06... but still has worse growth than the US.

The UK government did, for all intents and purposes, choose austerity after the pandemic: https://en.m.wikipedia.org/wiki/United_Kingdom_government_au....
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