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by actusual 1240 days ago
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.

2 comments

The concern about danger really does not follow your hypothetical situation. Anyway, our view of capitalism would suggest that the failure of companies that use labor less efficiently is a net good.

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.

It’s not a sentiment. It’s the definition of taking advantage of. Of course there are various arguments for justifications, but it doesn’t change the situation.

I also didn’t suggest anything like paying way over market.

So then what? If paying $2/hour is taking advantage, and paying over market isn't part of your solution...what is the solution? Not hire people in Kenya?

Also...yes it is a sentiment (a view of or attitude toward a situation or event; an opinion). Our opinions about what constitutes "taking advantage" are different. Saying otherwise doesn't make your argument more compelling.