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40% of IT work is already outsourced and that’s a number that is rapidly growing and that’s only over a decade and a half. It doesn’t even take into account foreign employees that now just work remotely.



Sort of. There's a lot of outsourced work. It doesn't appear to have cannibalized the onshore work in a significant way.


Tell that to the current SE labor market though it may be unrelated.


why does Meta pay engineers $400k when there’s somebody offshore willing to do it for $35/hr?

hmm…


For a long time the answer was they needed those people to physically come into the office.




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