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0 pointsChuckNorris893y ago0 comments

Maybe the HN fear of "depress salaries" isn't someone from Nebraska taking Cali tech jobs, but could be most likely a dog whistle for foreigners from abroad taking US tech jobs.

I don't live there anymore but in my home county in Eastern Europe, the WFH boom from 2020 brought in thousands of well paying tech jobs from US companies which might have never arrived if not for Covid. Tech workers there are making bank now, relative to local CoL.

Who knows, maybe this trend will accelerate now that the tap of zero interest money which enabled companie to out-bid each other for SV labor has dried out and many start-up and scale-ups need to actually be profitable for a change, they might look towards skilled remote workers abroad to fill their ranks till the next bull run.

Interesting times ahead indeed.

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robertcope3y ago

I 100% think this is the long term play. Once we figure out how to really have "remote only" companies, the "remote" part won't be "remote in the USA" but "remote in some cheap part of the world". We tried this with outsourcing but it failed because we didn't have the "remote" part down... now we do...

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sokoloff3y ago

I don’t think it’s a dog whistle at all (nor does it need to be).

Drawing from a worldwide pool of capable technologists is pretty obviously the end state and, unless global demand picks up by a factor of over 10x, that will inevitably depress tech salaries in the currently most highly compensated markets (while raising salaries on the other end of the distribution).

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