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These kind of policies and that amortization tax law for software development will probably encourage quite some exodus of talent. Would it be to Europe or Sout
by tomalaci 1y ago
These kind of policies and that amortization tax law for software development will probably encourage quite some exodus of talent. Would it be to Europe or South East Asia, though?
- whatshisface 1y agoA large part of our talent acquisition would stay home, as the Asian countries, especially China, are expanding their investments. American students would go to work in European universities due to the lesser language barrier. When the US was a developing country a large number of children of wealthy families were sent to study in Europe. I don't think the idea of looking outside the US for knowledge would be natural to many people of this generation. I wonder what the effects on our culture will be - it would certainly reduce the pride.
- Intralexical 1y agoI think at least some of them will come up to Canada. No language barrier, and close enough geographically and culturally to keep most of your connections. We pay less but live longer on average. Seeing all this unfold is doing amazing things for our national pride, ironically.
- FuriouslyAdrift 1y agoCanada is on the brink of serious economic trouble... Recession, housing costs, restricted immigration choices coming soon. This has been brewing for years but the US trade war sped up the timeline. https://nationalpost.com/opinion/high-immigration-is-worsening-canadas-economic-problems-says-report https://nationalpost.com/opinion/high-immigration-is-worseni...
- HPsquared 1y agoUSA pays engineers like 3x as much as those places. It's still global brain drain destination #1.
- whatshisface 1y agoThe US still has the best researchers today too, we're talking about the longer-term effects of anti-science policy in the face of continued development around the world.
- downrightmike 1y agoNot if the funding is non-existent. Did you even think before posting?
- exe34 1y agoI'm admittedly not very bright, but you could pay me 10x and I still wouldn't go to the US while brown.
- ben_w 1y agoWhat's the lag time on migration statistics? Because, and I say this as one who already decided against the USA in response to Trump's first election, I rather doubt that the new policy of getting in the news for systematically deporting migrants for even minor things — not even offences, theoretically protected things like blogging — is going to put a rather big dent on people willing to go. I mean, right now, I don't even want to visit the US on a holiday, much less live there. And that's without all the people saying "sure, you get paid 3x on paper, but all of it goes on rent and health insurance that doesn't actually pay out when you need it" that also makes it seem a lot less interesting.
- vmchale 1y agoFor engineers, maybe. But with immigration restrictions, employers can no longer create a workplace where "work with the best in the world" is an attraction.
- GuestFAUniverse 1y agoAnd what do you buy with your "triple" income? A boring mansion, with a boring lawn, in a boring, gated community? -- and all that while the other neighbourhoods are on fire. But at least you can buy $700 sneakers and leave the big garage in style, to work your ass off with a job pretending to "better the world" -- maybe have one or two weeks to fill your social media account with pictures already taken by the millions (you might as well use generative AI). Congrats to your final destination: hell.
- biophysboy 1y agoChina's pharma/biotech industry is growing rapidly
- vmchale 1y agoFrance is explicitly trying to poach researchers. UK is committing higher-ed suicide though it has a better reputation than the US in many ways.