Paul Graham: Hiring is Obsolete
jazznjava writes "Paul Graham has a new essay covering what the influences of declining operating costs will have on startup companies, and the undervaluation of undergraduates."
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Exactly. A couple weeks ago, I ran across a quote from the manager of a clothing factory in the Carolinas; he said that even if he didn't pay his employees any salary/benefits, he still couldn't compete with the Chinese.