> Now, instead of meeting our demands for living wages, the CEO has announced a new round of jobs hirings internationally
I’m convinced that in ~10 years we’ll look back on the work-from-home movement as a major own-goal by American tech workers. I would expect a lot more of this.
> capital, talent and trust are flowing out of that country
Is there non-anecdotal evidence of this that you can share with us?
My understanding is that people make this claim but I haven't seen evidence of it beyond one-off articles about individual professors leaving the country.
There is none. Despite the less stable environment if you are Talent by far the best place to be is the US. If you are an ambitious entrepreneur by far the best place to be is the US.
You have to consider it a sample and while not fully representative, you can come to some conclusions. There are some 9 million US citizens living outside the US.
Further, you can look at past migration patterns due to political changes. Like when the Taliban took over Afghanistan, the people with the means and the smarts leave first, then the rich — unless they have a path to power in the new regime. Eventually you are left with a poor country.
Would a Noble Prize in Economics (2024) satisfy your need for evidence ?
"The three academics won the prize mostly for providing causal evidence of the influence of the quality of a country’s institutions on its economic prosperity.
[...] a country that enforces property rights, limits corruption, and protects both the rule of law and the balance of power, will also be more successful at encouraging its citizens to create wealth, and be better at redistributing it."
"Nobel economics prize: how colonial history explains why strong institutions are vital to a country’s prosperity"
> [Edit: Hunh. Imagine that. I ask people to demonstrate their unwillingness to participate in meaningful dialog by down-voting this post and they do exactly that. Si Tacuisses, Philosophus Mansisses.]
I was considering commenting when I originally downvoted but thought it would detract from the core conversation.
But now that you’ve added this bit I’ll just say: a number of people (including myself) will auto-downvote any comment that complains about impending downvotes regardless of other content.
> but if an idea takes 20 years and $100M dollars to develop, and there are no protections for ideas, then no one will take the time to develop them
This sounds trivially true but I have some trouble reconciling it with reality. For example the Llama models probably cost more than this to develop but are made freely available on GitHub. So while it’s true that some things won’t be built, I think it’s also the case that many things would still be built.
If they run a red light today there is some small chance they will injure/kill someone.
If they run a red light with a camera, there is a 100% chance they will receive a ticket.
The key factor is not the magnitude of the penalty (i.e. whether someone dies or they receive a fine) but the chance that they will encounter the penalty.
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