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by actusual
1240 days ago
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This is a nice sentiment, but I think the answer is way more nuanced. You can't just roll into a developing economy and pay way over market without also disrupting the local economy and the people that live there. Imagine some similar situation in America, where for some reason, an international business comes in and pays 10-30X the market rate as similar businesses in the area, for the same product. The new jobs become highly (and potentially dangerously) desirable, other similar business go under because they can't keep up with the wage growth, etc. To remain stable, economic growth must be slow and steady. The alternative is you simply don't go to Kenya, rather, you go somewhere else, and Kenyans get $0/hour. |
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I think the question we are all considering is why OpenAI behaves differently overseas than they might when trying to poach a smart engineer from a competitor in the Us.