The Philippines' big offshoring industry is growing despite AI
41–50 of 93 posts
Re: The Philippines' big offshoring industry is growing despite AI
#42Earlier quoted context omitted.
Don't understand why this should not have been obvious. If you have technology that allows expensive workers to do things cheaper why wouldn't same technology allow cheaper workers to do stuff even cheaper... And cheap is good...
Can you explain why freelance writing and translation is being destroyed: > https://researchprofiles.ku.dk/en/publications/winners-and-l... Surely, AI helps them do stuff even cheaper, and cheap is good, so their business should be booming?
Re: The Philippines' big offshoring industry is growing despite AI
#43If you have a globally distributed sales team with no single office for example with people throughout APAC, the Philippines is the unquestionable place to hire for IT support roles for that region.
Re: The Philippines' big offshoring industry is growing despite AI
#44People have a bad intuition about economic mechanisms, but that does not mean that AI won't cause huge regressive effects. The transition from independent artisans to factory work didn't cause massive unemployment. But it cause the former artisans to lose out, because they no longer had the bargaining power they had before - their work was now a commodity. This resulted in "Engel's pause", a period in which wages sta…
Re: The Philippines' big offshoring industry is growing despite AI
#45From a recent article in The Economist. It turns out that once again many of the jobs that people predicted would be eliminated by AI have instead received a boost, at least for now. This closely follows another recent report on how Indian BPO firms are surprisingly thriving due to AI. "Moreover, AI is helping offshore workers in the Philippines do new, more complex jobs. They are picking up work training AI models o…
I visited India recently and when I saw just how many companies have a GCC there I was mindblown. Lots of cool offices, engineering and technical roles, great work life balance and generally a different vibe. Literally every company that I could recognise had a back office there.
If you are an American or European with colleagues in India, and if they are working or attending meetings after regular work hours, they don't have good WLB. Given a choice, I doubt they would want to attend the late night meetings. Life in India is already like playing a video game in hard mode, and yet we have to work lot more hours for lot less pay, and be regularly told how shitty offshoring work is.
[1]https://www.news18.com/viral/26-year-old-ey-pune-employee-su...
[2]https://www.thehindu.com/news/national/tamil-nadu/it-employe...
Re: The Philippines' big offshoring industry is growing despite AI
#46Re: The Philippines' big offshoring industry is growing despite AI
#47Earlier quoted context omitted.
Don't understand why this should not have been obvious. If you have technology that allows expensive workers to do things cheaper why wouldn't same technology allow cheaper workers to do stuff even cheaper... And cheap is good...
Can you explain why freelance writing and translation is being destroyed: > https://researchprofiles.ku.dk/en/publications/winners-and-l... Surely, AI helps them do stuff even cheaper, and cheap is good, so their business should be booming?
On other hand companies getting these services cheaper can mean that they have less pressure to increase prices.
I think whole Jevon's paradox is misapplied. More efficient use of coal leads to more use cases as they become profitable. Which there was lot of. With many other things like writing or translation there might not be more use cases.
Re: The Philippines' big offshoring industry is growing despite AI
#48People have a bad intuition about economic mechanisms, but that does not mean that AI won't cause huge regressive effects. The transition from independent artisans to factory work didn't cause massive unemployment. But it cause the former artisans to lose out, because they no longer had the bargaining power they had before - their work was now a commodity. This resulted in "Engel's pause", a period in which wages sta…
That is being disrupted. Ironically, by American AI firms who want a cut of all software engineering salaries globally.
(+) UK software developer working for an American multinational here, aware that my salary is "great by UK standards but not by American ones"
Re: The Philippines' big offshoring industry is growing despite AI
#49People have a bad intuition about economic mechanisms, but that does not mean that AI won't cause huge regressive effects. The transition from independent artisans to factory work didn't cause massive unemployment. But it cause the former artisans to lose out, because they no longer had the bargaining power they had before - their work was now a commodity. This resulted in "Engel's pause", a period in which wages sta…
Also an analogy with the globalization of manufacturing era. People have I think been prone to assuming that the West has a "magic ingredient" which entitles it to revenues from skilled work forever. A presumption that people overseas, especially in the "south" and "east", wouldn't acquire the same skills or culture. The idea that it is so absolutely critical to software development to be in an office in Silicon Vall…
Dunno why there was such resistance from the owning class afterwards with return to office mandates.
Re: The Philippines' big offshoring industry is growing despite AI
#50People have a bad intuition about economic mechanisms, but that does not mean that AI won't cause huge regressive effects. The transition from independent artisans to factory work didn't cause massive unemployment. But it cause the former artisans to lose out, because they no longer had the bargaining power they had before - their work was now a commodity. This resulted in "Engel's pause", a period in which wages sta…