I saw this when the initial report was posted and I've been wondering why the Trump administration hasn't jumped on it. Whatever Trump thinks about the environment, it seems like this could be used as trade war ammunition.
The key ammunition should be the Great FireWall. If you want to make money in China you gotta increase western influence, which GFW effectively eradicated 99%.
Not sure what the parent comment meant but maybe because software jobs will start to move to lower earning locations. I've been wondering about this. Manufacturing has largely moved off shore over the last 40 years but software seems much easier to move. Could the whole industry disappear from the first world at a much faster rate?
>Not sure what the parent comment meant but maybe because software jobs will start to move to lower earning locations. I've been wondering about this. Manufacturing has largely moved off shore over the last 40 years but software seems much easier to move. Could the whole industry disappear from the first world at a much faster rate?
Well, this has largely happened. And no, if you think that has happened 15 years ago, it isn't.
Outsourcing shops that do work for first tier dotcoms today are a head above anything you saw back 15 years ago with "will code for food" sweatshops.
What is happening is that these are not the "code for food" shops that are displacing Western workforce, but companies that genuinely do "real stuff" and pull high class projects better than their Western clients can even hope to do.
They get that not because they are cheaper, but because they are better than SV at large.
The reason why Western markets are not in firm grips of Asian IT giants yet, but in Facebook/Amazon/Google is not the influence of market forces. Otherwise, they would've been steamrolled long ago.
In the days of the Cold War there was the “third world” as in “third party”, that is any country who wasn’t in either NATO or the Warsaw Pact. Later on people came to use “first world” to mean the West which would make the former Soviet countries the second world. And the third world is still... every other country.
I dont think an engineer in China is cheaper than in Europe. Thats not my experience.. At least in the big cities, they cost more or less the same as in Europe.
A Friend of mine owns a business and hired a guy in China full time. Works out to be ~40k usd/yr. His work is really good. If you’re going via a business to get outsourced work you’re just getting ripped off imo.
Sure, I can get a student to throw together a React frontend here also for very little money. If I want highly specialized knowledge about camera drivers, network protocols or low level programming, the story is different.
When the engineers start earning more in tech oriented cities like Shenbu or Bongai where ever, the shops and landlord charging more, houses become more expensive, living costs rise, which makes engineers start demanding higher salaries, which then starts a feedback loop of rising prices. It's almost like people in developing countries are real people with similar behavioral patterns like people in the west..
The above situation is definitely a shifting equilibrium rather than feedback loop. Like, everyone getting a 3% raise won't make the city unlivable overnight, it probably won't even increase cost of living by 3%
The point is, you've got to think it through and see if it's a good deal for you or not. Right now I own a house worth about 400k. If I rented and put that 400k in stocks history says I'd probably make on average almost 20k per year above inflation. Plus the landlord would pay the 4k property taxes and the new roof ill be doing next year. In my area I could easily rent a similar house for 20k per year. So in my case with the market the way it is right now I might be better off renting.
Are you just assuming new secure versions exist that could be used? I work with industrial control but mainly Rockwell not siemens and I don't know of any PLC communication protocol that supports any kind of encryption but I want to hear about any options that do exist.