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Why Some Cities Get All the Good Jobs (chicagotribune.com)
New submitter Ericmesrr writes with a link to a Bloomberg story (as carried by the ChicagoTribune) about geographic trends in job creation in the U.S, from which he excerpts this quote from U.C Berkeley economist Enrico Moretti: "A handful of cities with the 'right' industries and a solid base of human capital keep attracting good employers and offering high wages, while those at the other extreme, cities with the 'wrong' industries and a limited human capital base, are stuck with dead-end jobs and low average wages. This divide I will call it the Great Divergence has its origins in the 1980s, when American cities started to be increasingly defined by their residents' levels of education. Cities with many college-educated workers started attracting even more, and cities with a less educated workforce started losing ground."
Remote working from India doesn't work well. The end result is a disaster in quality of the product. But it is a CHEAP disaster. MBA types like cheap (except for themselves).
I've had friends who sent software projects to India that were complete loses, years spent on software that turned out to be completely unusable. Since it was relatively cheap it didn't break their companies, but it would have been better if they had spent more locally and got working products.
lol. You two are obviously ignorant tards. If you had an MBA, like me, you'd know why the cheaper option was the better option. I don't need a "working product" to get a big raise. I only need a good press release and numbers in the black on the day the press release comes out. As a wise man once said "Delivery has nothing to do with the delivery business. Image, people, image! Scope out this new ad." If you had an MBA, which you don't, you'd know that business isn't about selling things to consumers only to investors. Investors don't want products they want performance no matter how short term. Once the investment bucks come in scoop up a bunch for yourself and blame any losses on American workers. If the company goes under you're fine, because the laws of incorporation will prevent anyone going after your private assets, but you can still justify your huge salary by saying you take the most risk in leading the company.
I mean, get a job hippies!