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wskinner | 1 year ago
The article also does not mention the huge difference in compensation for technology talent between the US and Europe. As long as that gap exists, top European talent will continue leaking across the Atlantic.
wskinner | 1 year ago
The article also does not mention the huge difference in compensation for technology talent between the US and Europe. As long as that gap exists, top European talent will continue leaking across the Atlantic.
next_xibalba|1 year ago
This isn't a single lever that can be pulled independently. You need highly fluid labor markets that force companies to pay competitive efficiency wages (i.e. fewer/weaker/no unions), competitive and innovative companies, lower regulation and government bureaucratic interference, ambitious and career focused labor force, etc. etc.
It's a chicken-and-egg problem that, at its root, stems from culture (IMHO).
alephnerd|1 year ago
Poles and Czechs get paid relative peanuts compared to West Europeans, yet have fairly startup industries compared to France or Germany.
Same with further afield in India or China.