[hintymad]

> If you aren't hiring junior engineers to do these kinds of things, where do you think the senior engineers you need in the future will come from?

Unfortunately this is not how companies think. I read somewhere more than 20 years ago about outsourcing and manufacturing offshoring. The author basically asked the same: if we move out the so-called low-end jobs, where do we think we will get the senior engineers? Yet companies continued offshoring, and the western lost talent and know-how, while watching our competitor you-know-who become the world leader in increasingly more industries.

[echelon]

It's happening to Hollywood right now. In the past three years, since roughly 2022, the majority of IATSE folks (film crew, grips, etc.) have seen their jobs disappear to Eastern Europe where the labor costs one tenth of what it does here. And there are no rules for maximum number of consecutive hours worked.

[FireBeyond]

How do? Perhaps if you film in Eastern Europe (which I realize does happen a bit), but even if your crew is foreign, if you’re filming in the US they’re still subject to US labor law. Being willing to ignore labor law also happens but is a bit beyond “offshoring”.

[echelon]

The film production company flies the cast of actors out to Serbia or whatever and relies on Serbian crews.

Prior to 2022 they'd fly out the entire crew from the US and all the workers would be American and Canadian. Union, highly paid. Now they're using local (non-American) labor.

Amazon and Apple taught the foreign talent how to do grip work so they didn't have to hire expensive American workers anymore.

There are far fewer productions happening domestically within the US now. The numbers are 30% of what they once were.

[ta988]

This is happening increasingly in pharma companies as well.

[genewitch]

There was a pull quote about adding a 100% tariff to films made outside of the US.

I wonder if that's related

[lurking_swe]

ahh, the classic “i shall please my investors next quarter while ignoring reality, so i can disappoint my shareholders in 10 years”. lol.

As you say, happens all the time. Also doesn’t make sense because so few people are buying individual stocks anyway. Goal should be to consistently outperform over the long term. Wall street tends to be very myopic.

Thinking long term is a hard concept for the bean counters at these tech companies i guess…

[miohtama]

What then ends up happening is that companies how fall behind in R&D eventually lose market share and get replaced by more agile competitors.

But this does not happen in industry verticals that are protected by regulation (banks) or national interest (Boring).