Miscellaneous News

FairAndUnbiased said:

that's the whole point. Existing money -> US CS degree -> FAANG was a commonly accepted route to emigration + a high paying job. We are not talking about the ultra rich who can study an art degree, just the regular rich who still need to see ROI. We are also not talking about the ultra ambitious who can make it to HBAT management.

studying in the US is not really about the degree itself since the degree itself is not important. The important part is the H1B.

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All true, but I believe original discussion point was identifying the cause for Chinese undergrads studying in China choosing to pursue CS degrees. As you mentioned earlier, not many of those students come to US to pursue post graduate degrees.

Eventine said:

I'm more talking about the Chinese and Eastern European talent they're closing their doors to. Those people really do have an out sized impact in Silicon Valley. The average American can't math or code their way out of a wet paper bag - they rely on highly competent Chinese and Eastern Europeans to solve most of their problems.

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But among quality non-Indian talent, most already have green cards/citizenship. So this wont become a problem until decades down the road. With AI eliminating entry level software jobs, within 10-20yrs US will be facing a huge deficit in mid-to-senior level software engineers. I guess US corporations are betting on AI eliminating more senior level software roles within that timeframe.

Eventine said:

I'm more talking about the Chinese and Eastern European talent they're closing their doors to. Those people really do have an out sized impact in Silicon Valley. The average American can't math or code their way out of a wet paper bag - they rely on highly competent Chinese and Eastern Europeans to solve most of their problems.

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The average American isn't coding. The average American coder is qualified enough for your run of the mill swe jobs, especially with AI.

Eventine said:

One of the last remaining super powers of US industry is its global dominance of software platforms. Google, Microsoft, Meta, Apple, Oracle, Adobe, etc. still control the vast majority of the market. Chinese tech. companies are dominant in China due to Chinese policy but they have not been successful at wresting away market share from American software companies in the rest of the world.

China actually needs more disruptive software companies, not less; and Trump's war against H1bs and out sourcing is actually a great opportunity for China to capitalize to try and destroy America's global dominance over software. With Trump's moves, the cost of developing software will rise for American tech. companies. This means there's an opening that China can exploit.

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Yeah this is true.
I was actually hoping a Chinese company like Huawei would be the first to developed disruptive hard consumer tech that would then allow their Harmony OS to flourish. Eg. Smart glasses with display inside like the new meta display glasses but alas mets came up with them first. Imagine Huawei developing the first, with a pure harmony OS and if people want it, they have to buy into Huawei's OS, and they can't get it elsewhere. Too bad it's under meta. I really hope Huawei can come out with this own version soon.

MortyandRick said:

Yeah this is true.
I was actually hoping a Chinese company like Huawei would be the first to developed disruptive hard consumer tech that would then allow their Harmony OS to flourish. Eg. Smart glasses with display inside like the new meta display glasses but alas mets came up with them first. Imagine Huawei developing the first, with a pure harmony OS and if people want it, they have to buy into Huawei's OS, and they can't get it elsewhere. Too bad it's under meta. I really hope Huawei can come out with this own version soon.

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You think the US would allow Huawei back into the US market? Huawei will find a hard time even penetrating the markets of US vassals. Chinese tech companies need to lie primarily on domestic market, and ideally in the future, the markets of the Global South.

Farm Aid was tonight aired live on CNN. I saw this black farmer I see on FOX News being the Uncle Tom that repeats Republican racism about China so whites don't get vilified for racism on there playing victim. It's called don't bite the hand that pays you.

FriedRiceNSpice said:

You think the US would allow Huawei back into the US market? Huawei will find a hard time even penetrating the markets of US vassals. Chinese tech companies need to lie primarily on domestic market, and ideally in the future, the markets of the Global South.

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That is true
But being first to field a disruptive technology in consumer products sure makes it easier to dominant some US vassals and the global south. At least it makes it more attractive to use ones ecosystem.

Imagine if Huawei had first move advantage in display glasses, with AR, linked to hand gesture on Huawei smart watches and using Huawei phone ecosystem. Draws other developers to the ecosystem as well. Thats a big advantage.

Japan was resentful when South Korea became an electronics and manufacturing competitor to them. Now that I see a lot more YouTube videos showing up from Japan and South Korea of superficial insults about China, both know they can't compete. Normally you think they would have to see the light about this brave new world rising where the West is over. My prediction because of Trump attacking allies is there will probably be an attempt by Europe, Japan, South Korea, and other traditional US allies to create their own "grouping" to counter Trump and save face from having to kowtow to China. Problem is they still have all the same problems of trying to be faux first world economies by borrowing their way more than earning it because they have little in strategic resources of their own within their homelands. Yeah they're legacy rich but because they can't do now what they did before to get there in the first place, they can't compete economically because everything for them costs more while they're frantically trying to continually look like a first world economy by putting themselves into debt instead of earning it... you do the math.

Randomuser said:

Mods can delete this since this is old news.

But I wanna ask the Singaporean posters here if Piyush Gupta's rule over DBS was a good or bad thing?

It's not a new thing since he's gone now but it got me thinking about what happens if you place key institutions in the hands of others esp those from India?



Now in actual recent events, I think westoids who used to swear by GDP are going to start singing a different tune. After all the excuse was we need immigration to keep the country's GDP growth. Well if they oppose that, then GDP isnt that important?

It's funny how I spent hours trying to figure out why GDP is flawed and it turned out all you need to get westoids to change their mind is recent immigration.

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In the early years, he was a-ok. After all, DBS is a GLC and the only local big bank without the "Overseas" moniker associated with Chinese. So it was the number one bank and had its own momentum. I had no idea why it found it necessary to find someone foreign. Maybe, getting an Indian CEO was a thing in the West. I mean, he only had to keep up with the trend. It was not a tech company. But fuckup he did. His tenure was marred by outages and disruptions. As the biggest bank, that meant more people were affected.

I don't understand the $100K HB1 thing. When ICE raided the Hyundai plant in Georgia and arrested over 300 skilled workers there to train Americans and jumpstart the plant, it was rumored that Trump understood the mistake it was and asked the workers to stay. However, they were treated so poorly and with so little dignity that they refused and went home, causing the progress to be severely delayed. I laughed and laughed and laughed about how the US shot itself in the foot with EVs and shipbuilding but I understood that was an isolated episode and a small setback.

So how could Trump be deliberately making this mistake on a national scale? It benefits all the countries that are US alternatives in the EU, Australia, Canada, etc... in that they will now take more skilled workers who want to emigrate and it also benefits the countries of origin for these skilled workers like China and India because worker retention will be strengthened with the US mosly removed as a possible route for braindrain. It benefits China more because China is a modern society and its cities are top in the world so worker retention is stronger than India, where people proclaim they'd rather die than be there. I don't understand what Trump wants to accomplish. I couldn't really laugh this time; I just stared with an open mouth. This is a literal example of when something is "so stupid it's not even funny."

manqiangrexue said:

it also benefits the countries of origin for these skilled workers like China and India because worker retention will be strengthened with the US mosly removed as a possible route for braindrain. It benefits China more because China is a modern society and its cities are top in the world so worker retention is stronger than India, where people proclaim they'd rather die than be there. I don't understand what Trump wants to accomplish. I couldn't really laugh this time; I just stared with an open mouth. This is a literal example of when something is "so stupid it's not even funny."

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It doesn't really affect much at all. Most of Chinese H1bs returning weren't competetive enough for the Chinese labor market anyways, I guess more delivery workers can't hurt. For India it is absolutely a net negative. Domestically they dont have a tech sector that would be able to make use of returning workers, so net effect is greatly reduced remittances flowing into their economy and more unemployed frustrated men.