But at what cost
Mmm, China perfidiously stealing the hard-earned talent of Western engineers? I know just the solution! They should build an anti-communist self-defence wall:
We no longer wanted to stand by passively and see how doctors, engineers, and skilled workers were induced by refined methods unworthy of the dignity of man to give up their secure existence in the GDR and work in West Germany or West Berlin. These and other manipulations cost the GDR annual losses amounting to 3.5 thousand million marks.
Some fine historical irony. Of course, given the way the university system works in places like the US, there’s not even a good argument that this imposes costs on the public, who trains personnel only for them to leave and benefit some other state.
Maybe this is what Trump’s wall is for.
Why would they say thousand million instead of billion?
heyy send some of those bombs my way!|
Based. The west has long relied on international brain drain (caused by imperial wars and neo-colonialism) to accumulate the “best and the brightest” and put a stranglehold on the tertiary/quaternary sectors. It’s amusing to see the shoe on the other foot, especially after the western tech giants have worked so hard to suppress tech worker wages.
In fact, the West gobbling up skilled labor is a factor of imperialism and underdevelopment. Labor is the superior of capital, so the loss of a skilled engineer is always worse than whatever remittances they might return home.
China is Bombarding Tech Talent With Job Offers.
But at what cost?
Those perfidious Asiatics, offering competitive salaries to experienced engineers! Very anti-competitive. I know what we should do - we can quadruple down on harassing researchers and professionals with Chinese origins. Heck, anyone vaguely Asian will do.
I found this line very funny:
State funding for Chinese companies enables them to offer salaries beyond what Western companies can pay.
Source?
ASML made €8 billion in net income in 2023. TSMC, $30 billion (not Western, but mentioned in the same breath). I’m sure they could scrounge a few coins from under the couch cushions to match salaries if they wanted to.
So true, but also y’all did the Chips Act and some of the most heavy handed protectionism seen this century. The fuck you talking about
But if they offered higher salaries, how would shareholders afford to buy their third yacht?
As Western governments make it harder for China to access sensitive technologies—a trend expected to continue under the administration of President-elect Donald Trump—many Chinese companies are trying to get ahead by luring away top engineers in areas such as advanced semiconductors and artificial intelligence.
Hopefully the wsj made up the part about AI. They would do more harm to China than good
Chinese capitalists are just as prone to bullshit as western ones. Chinese government might reign it in but they are slow to react.
It depends on what they mean by “AI”
It’s a shitty marketing buzzword so it can mean anything from algorithmic logic to LLMs. Not all “AI” requires it’s own nuclear power plant and a Great Lake to operate.
AI has plenty of good uses. Its just capitalism that finds the shittiest ways for them to be possibly used.
Wym?
They should bombard me with job offers
Wish China would offer to triple my pay but I don’t speak any chinese languages so they probably won’t.
I should learn Mandarin
