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by lazyeye
1242 days ago
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And the obvious side-effect which nobody really wants to talk about is the destruction of the manufacturing industry in the US and the off-shoring of jobs to China. This is why it's so galling to see people in Silicon Valley moaning about the recent round of IT retrenchments. The f*king nerve of them. |
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Tech companies didn’t cause offshoring of US manufacturing. That’s been a long running trend since the 70’s across business sectors.
Not to mention that generally it’s executives at the companies who made the decisions leading to offshoring, and executives aren’t the ones losing their jobs.
Tech workers are grossly overpaid, but even so at the end of the day they’re still working class.