I do not remember where I read this, but it has struck with me for the last 35+ years - "Poverty is a crime, but the poor are not guilty of it".
I have seen abject poverty growing up in India.. It is right in your face most of the times. I have friends from the other side of the street and pretty much, you live in very different realities.
Looking at the graph in the article, it starts falling off from 2010 and it is actually on a uptick in last year. A honest reading would be that internet has increased access to information and AI is obfuscating it again.
Blowing away the junior -> senior pipeline would, on average, hit every country the same.
Though it raises an interesting point: if a country like India or China did make the investment in hiring, paying, and mentoring junior people but e.g. the US didn't, then you could see a massive shift in the global center of gravity around software expertise in 10 years (plus or minus).
Someone is going to be the best at planning for and investing in the future on this, and someone is going to maximally wishful thinking / short-term thinking this, and seductive-but-not-really-there vibe coding is probably going to be a major pivot point there.
This is such an important point. Not sure about India, which is still very market forces driven, but china can just force its employers to do whatever is of strategic importance. That’s long gone in the US. Market forces here will only ever optimize for short term game, shooting ourselves in the chest.
because tariffs only raised the prices of goods that can’t be bought anywhere else. The thing is America can make pretty much everything and by doing so it forces more American labor, which is more expensive for the ultra rich, who owned the companies that the laborers work for.
The biggest factor, however, is that it impacts the velocity of money. The hundred dollars that you spend on an American business goes to another American and the cycle continues in America enriching everybody instead of immediately fleeing overseas, which just access a devaluation of the currency
value added taxes are paid on the profit made on the good, and are paid by the seller (because the buyer doesn't know what the profit is). value added taxes are basically corporate income taxes
Here in the UK, the value added tax (VAT) is calculated from the sales price to the customer. Companies can claim back VAT that they pay for parts etc so that VAT is pretty much only paid by the customer
Are there people on the autism spectrum at leadership level? - Steve Jobs was considered to be one even though he was not formally diagnosed as one.
Are there people on ADD/ADHD spectrum at leadership levels - yes, I know of a few..
Are there people with sociopathic tendencies at leadership level - You can answer this one :)
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