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It's not about what China did well, but about Europe/US ignorance. How many times you've heard during last decade that software eats the world? That we should do highly profitable software things only anyway? That everyone and his dog should be a software engineer in future? Well, turned out that it was really about free money and it didn't last. Serious question – how many of you who say that they can't find the job any more, have considered manufacturing? https://x.com/zanehengsperger/status/1862134411657117773?mx=...


Software is eating the world, you just need to multi class into the field that software is eating to be of good value.


> how many of you who say that they can't find the job any more, have considered manufacturing?

If one wants a skilled job in manufacturing, they have to earn a qualification first, or go through a period of apprenticeship. The wages for most manufacturing jobs are much lower in the west than for knowledge workers, and openings likely fewer - it's only recently that new manufacturing sites got spun-up after decades of continuous decline- thanks to 2 pieces of legislation from the Biden administration; the Inflation Reduction Act and the CHIPS Act


There is a non-zero chance that these higher wages of knowledge workers and especially in IT industry were actually the results of rent-seeking.




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