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by state_less 2102 days ago
Some anecdata to add to the case.

My first job out of school was as a startup founder (10% ownership) where our new CEO was a sales guy from a healthcare company. Great at raising money, but no deep technical knowledge. We were building a music search recommender using mfcc spectrograms and ML. He decided to fire all the engineers and hire out to cheap overseas hotspot. We weren't especially expensive, being young guys, but nevertheless you could get 3 for 1 overseas...

The company shut down a few months after the local engineers left.