H1Bs are replacing workers.
H1B is a type of visa, the holders of which are workers.
AI is predominantly replacing outsourced, offshore workers
181–190 of 248 posts
Re: AI is predominantly replacing outsourced, offshore workers
#182Earlier quoted context omitted.
I don’t think middle men are counted in GDP because GDP only counts final value and not intermediate.
Trying to understand this and please correct me if I am wrong: A is producing something of value 100. That is complex to configure so B comes along and they say: Buy from me at 150 and you will get both the product and the configuration. C comes and say: there are multiple products like this so I created a marketplace where I do some offering that in the end will cost you 160 but you can switch providers whenever you…
Yes exactly. There's the joke of one economist paying the other $100 to dig a hole, then the other one giving back the money to the first one to fill it back up, thereby increasing the GDP by $200.
Re: AI is predominantly replacing outsourced, offshore workers
#183Re: AI is predominantly replacing outsourced, offshore workers
#184IMHO this is going to be part of a broader trend where advancements in AI and robotics nullify any comparative advantages low wage countries had.
They will still be the cheaper countries to run your ai models and robotics factory by a longshot compared to the western world.
Re: AI is predominantly replacing outsourced, offshore workers
#185Earlier quoted context omitted.
Through the CI/CD deployment pipeline that all code changes get deployed through. Primary engineering team reviews code and ensures things are tested appropriately. If it requires a managed change, engineering team helps them draft the execution and schedule. Skills would be similar to IT or dev ops but with expectation that they can code.
With a ci/cd in place and a reviewer from the devs it’s probably very less value that the offshore employees are providing. Moreover these kind of upgrades sometimes involve unforeseen regressions which again can’t be solved by these employees.
The value is their salary being dramatically less.
Re: AI is predominantly replacing outsourced, offshore workers
#186Earlier quoted context omitted.
I'm genuinely glad for the people in India. But that progress doesn't reduce the feeling of inequality here in the U.S. Dismissing people with arguments doesn't work either. It doesn’t eliminate the feeling of inequality or change people's perspective about absolute vs relative wealth. Why? Because the promise used to justify labor - that hard work will be rewarded - was deeply believed. The contradiction becomes vis…
This is not the appropriate way to respond when the poster was clearly incorrect in their main points. Dismissing people with arguments is the rational thing to do. Your first mistake is thinking hard work matters. No it doesn't and it shouldn't. Only work that provides value should matter - you don't deserve more money just for working 10x hard but when it doesn't matter to anyone. Your entire comment hinges on a ze…
> Inequality rising is a real issue.. it can be tackled but lets first acknowledge that prosperity has increased for pretty much everyone in the world.
I literally acknowledged that prosperity has increased for people in other parts of the world.
Why don't you rewrite my comment so that it's acceptable to you and then we'll discuss that?
Re: AI is predominantly replacing outsourced, offshore workers
#187> Despite $30–40 billion in enterprise investment into GenAI, this report uncovers a surprising result in that 95% of organizations are getting zero return. Oof
These are probably the same people who are "surprised" when 100 offshore agency dredgings don't magically do the app 10x faster than 10 expensive onshore workers. To be fair, the PowerPoint they were shown at that AI Synergies retreat probably was very slick.
that meme with the oversized pants and penny loafers comes to mind.
Re: AI is predominantly replacing outsourced, offshore workers
#188Earlier quoted context omitted.
Wages have _not_ stagnated since the 70's. Nor has it stagnated since the 2000's. Can you provide a source to backup your claim?
https://www.epi.org/publication/charting-wage-stagnation/ https://www.cnbc.com/2022/07/19/heres-how-labor-dynamism-aff... https://www.americanbar.org/groups/crsj/resources/human-righ...
I investigated the first link with ChatGPT. All the percentiles have increased except 10th percentile. But they do not account for after tax wages and other benefits and transfers.
https://www.cbo.gov/publication/59510 shows this. Bottom 20% wages after accounting for benefits and taxes have significantly increased. If you want to answer the question: are the bottom 20% materially more well off at 1960's than now - this is your answer. Hourly wages without accounting for benefits is missing a crucial element so not really indicative of reality.
Caveat: this shows the bottom quintile (20th percentile) and after looking at the data it appears to be a change of ~60% of real disposable income from 1978 to 2020. 10th percentile would be similar.
TL;DR: if you use real disposable income that accounts for taxes and benefits (what really matters) the wages have not stagnated for anyone but increased a lot - by almost 60%.
Re: AI is predominantly replacing outsourced, offshore workers
#189Earlier quoted context omitted.
This is not the appropriate way to respond when the poster was clearly incorrect in their main points. Dismissing people with arguments is the rational thing to do. Your first mistake is thinking hard work matters. No it doesn't and it shouldn't. Only work that provides value should matter - you don't deserve more money just for working 10x hard but when it doesn't matter to anyone. Your entire comment hinges on a ze…
> Inequality rising is a real issue.. it can be tackled but lets first acknowledge that prosperity has increased for pretty much everyone in the world. I literally acknowledged that prosperity has increased for people in other parts of the world. Why don't you rewrite my comment so that it's acceptable to you and then we'll discuss that?
If we acknowledge that everyone is more prosperous now than before (which completely contradicts the post I was responding to) what is your point? Inequality? I think it is a problem but not so much if everyone is getting prosperous in the mean time.
Re: AI is predominantly replacing outsourced, offshore workers
#190Earlier quoted context omitted.
These are probably the same people who are "surprised" when 100 offshore agency dredgings don't magically do the app 10x faster than 10 expensive onshore workers. To be fair, the PowerPoint they were shown at that AI Synergies retreat probably was very slick.
It's almost like the people in charge of these businesses have no goddamn clue what they're actually selling, how it works or why it's good (or isn't). It's almost like, and stay with me here, but it's almost like the vast majority of tech companies are now run by business graduates who do not understand tech AT ALL, have never written a single line of code in their lives, and only know how to optimize businesses by…
It's almost like that's a consequence of not enforcing anti-trust vigorously enough, allowing capital to accrete in Big Tech, and creating extremely large tech companies whose primary innovation comes from acquiring rather than building.
The reason a competitive ecosystem of tech companies is effective has less to do with market hand magic and more to do with big companies being dumb and conservative, largely as a consequence of their leader selection criteria.
Microsoft missing web and mobile.
Intel missing mobile and GPU.
Google missing productizing AI.