>The points the article raises are completely moot.
>Apart from this being the entire point of globalization
>The truth is that I don't need an electrical engineer or a compsci graduate from some no name university to obtain someone with a specialized skill, if some kid from Shenzen can do it for a fraction of the price. That's overstating it, but the comparison holds imo.
This is a rather old fashioned attitude. The United States has been furiously decoupling from China ever since Trump and that process has only accelerated since.
Russia has successfully decoupled from the entire western world. Mexico just became a larger trade partner for the US than China. We aren't globalizing, we are de-globalizing.
The jobs that fled to China will come back. The idea that they'll be returned to a robot is nothing more than investor copium - an uneducated presumption from people who have little to no understanding of what actually goes on in a Shenzhen factory.
This isn't just about China, the Shenzen example was exaggerated. What I meant was: Where I live I'm there's an insane dissonance where companies are on the one hand trying to only hire academics for jobs that they think require an academic skill, yet happily pay Hays/Accenture/$TEMP_AGENCY to procure workers for them when those academics can't be found or don't perform. They're not willing to give me a permanent job with competitive pay because of my lack of degree, but are happy to pay Hays 70-100€/h so they get me as a temp.. doing the exact same shit, pretty much in perpetuance.
In addition, Startups hire you as long as you have experience. We will see more of this in areas that don't require specific certifications.
>Russia has successfully decoupled from the entire western world.
Lol ask the Russian gov on where they plan on procuring chips after the war. Same for China. You need to be US allied to be allowed top notch silicon. In China this drives innovation at least, but Russia still hasn't been able to mass produce competitive silicon. Modern manufacturing processes are driven by automation, give it a decade and their industry will be lagging behind by a margin that's impossible to catch up.
>This isn't just about China, the Shenzen example was exaggerated. What I meant was: Where I live I'm there's an insane dissonance where companies are on the one hand trying to only hire academics for jobs that they think require an academic skill, yet happily pay Hays/Accenture/$TEMP_AGENCY to procure workers for them when those academics can't be found or don't perform. They're not willing to give me a permanent job with competitive pay because of my lack of degree, but are happy to pay Hays 70-100€/h so they get me as a temp.. doing the exact same shit, pretty much in perpetuance.
Yeah, of course.
"A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him."
-- Keynes might as well have been talking about IT procurement managers.
Just like nobody got fired for hiring IBM, nobody got fired for hiring Accenture, even though they absolutely should because they're probably the worst consultancy on planet earth.
Degrees also provide a degree of arse covering for hiring managers.
>Apart from this being the entire point of globalization
>The truth is that I don't need an electrical engineer or a compsci graduate from some no name university to obtain someone with a specialized skill, if some kid from Shenzen can do it for a fraction of the price. That's overstating it, but the comparison holds imo.
This is a rather old fashioned attitude. The United States has been furiously decoupling from China ever since Trump and that process has only accelerated since.
Russia has successfully decoupled from the entire western world. Mexico just became a larger trade partner for the US than China. We aren't globalizing, we are de-globalizing.
The jobs that fled to China will come back. The idea that they'll be returned to a robot is nothing more than investor copium - an uneducated presumption from people who have little to no understanding of what actually goes on in a Shenzhen factory.