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by sah2ed 2350 days ago
> Unfortunately, this won't last forever. Other countries are catching up to the U.S. quickly. Eventually, development will move to cheaper labor countries like so many other industries.

People have been saying this for like 2 decades now when the magic buzz word then “offshoring” [0]. Offshoring and its cousins still happen as a cost-cutting measure, except not at the scale most people would imagine based on the enormous hype it received from “thought leaders”.

0: https://en.wikipedia.org/wiki/The_World_Is_Flat#Ten_flattene...

1 comments

> People have been saying this for at like 2 decades now when the magic buzz word was “offshoring” [0]. Offshoring and its cousins still happen as a cost-cutting measure, except not at the scale most people would imagine.

I think it is happening at the scale people imagined. The amount of foreign trade and offshoring that the U.S. is doing with developing countries is multiple orders of magnitude higher than it was in the early 1990s.