Hacker News new | ask | show | jobs
by hyper0perator 2194 days ago
The shortage is false, a form of gaslighting, artificially created so that corporations and academic institutions can keep costs low and suppress wages by flooding the US market with cheap labor that also bypasses usual employment standards available to US citizens. Eric Weinstein has done some really good research into this.

'How and Why Government, Universities, and Industry Create Domestic Labor Shortages of Scientists and High-Tech Workers'

https://www.ineteconomics.org/uploads/papers/Weinstein-GUI_N...

2 comments

Are you talking dev or academia? I read the paper and I'll give you my dev focused response. The paper is focused on phd supply in academia and the most recent dates referenced are the last 1990s. It has brief discussion of knowledge workers but not really devs. It's not relevant for devs in the us at least since the dot com boom until now.

There's a giant shortage of capable devs. i'm from the us in case it matters to you but in my 25+ years as a professional engineer across a few fangs, midsize and several startups all those companies wanted to hire every capable dev they could find. Microsoft used to have 5k plus openings when I was there and the other fang had similar. We hired all over the world and the us. We never hired as many as we wanted. New college students grads could make over 100k and we still couldn't hire all we wanted.

I worked on creative, original software. I think there is a hiring area that could be impacted by large number of immigrants in tech and that is more IT like positions. There's an oversupply in my experience of people that put software packages together, keep the it infrastructure of a company running - those are crucial jobs too, just like devs writing original software, but there's a lot fewer people in it support and maybe that's part of the issue.

I read the paper but I did not see any indication of wage depression.

Here are the trends I am observing from the comments of this thread:

* Immigrants in the US on visas earn less than US citizens. I have seen no data on this. How much less do immigrant software engineers earn as a percentage?

* Any evidence discrediting knowledge worker shortage is centered on academics. I am a senior software developer with 20 years experience at one of the largest and wealthiest employers in the US. Despite that I have no formal education in the subject matter. I am either entirely self taught or in some other disciplines trained by the military. So it seems, from my perspective, centering the discussion to academics is just a distraction.