Comment by Espressosaurus

1 month ago

The US is no longer in competition for that talent pool by its own deliberate actions.

Might we see a European flowering as the US chokes itself into a regional power?

That’s not true. Trump will be gone in a few years. Soft power and destabilizing many countries has done wonders for US hegemony.

  • The soft power is partly based on the belief that the systems it’s built will constrain the US into acting reasonably (at least from the west’s perspective). The Greenland thing was not shut down on the US side hard enough and that has shattered that. Now Europe has to contend with the fact that the US system won’t rein in a president that goes too far, and so it basically has to be treated like the absolute dictatorships with all the risks of a mad king that goes with that

    • Does not mean too much coming from Europe when the EU wants to militarize and the institution is closer to absolute dictatorship than democracy. Similar to Canada and Europe talking about colonizing the world with the US yet Greenland is an issue lol.

      I should’ve also said that like the US, Europe, Canada, Australia, Israel are very very racist, chauvinist, exceptionalist. That benefits US hegemony.

      Something also not brought up much is how many people have colonized minds around the world. Colonized minds don’t largely change because of a temporary brash leader.

  • I believe the damage is done and there will be no going back to the old ways. This time around I'm sensing a real change in attitude. People in Europe are sick and tired of all the US bullshit that's been going on for far too long. It's not just the lunatic in the White House. It's the whole system that's being rejected. The endless greed. The bigotry. The war on everything. Peaceful cooperation and coexistence, that's what we want. I'm for my part quite happy and optimistic about the deal with India and I hope more regions will follow soon.

    • Europe and the five eyes are far too racist and/or chauvinist for what you’re saying. HN is a great microcosm of liberal (which is western and white) ideals and thinking. You can’t really post about resistance to western hegemony here or in most situations around Americans, Canadians, Europeans.

      Something not brought up much is how colonized minds works. Colonized minds don’t suddenly become uncolonized because of a brash leader. Eastern Europe since the fall of the Soviets is a great example of this.

  • The soft power stuff has been canned. That has not generated good will, but that act pales compared to kidnapping, threats to invade various places and the destabilising effects of chaos as a leadership strategy.

    • The US has done those stuff since world war 2 ended. Continuously. Trump has hurt things but if anything bringing up things the US has always done as if it is novel under Trump shows how well US hegemony works and will continue to work.

      Another thing no one is bringing up is how colonized minds works. Colonized minds don’t suddenly become uncolonized because of a brash leader.

  • Trump might be gone but project 2025 will continue. They're now most of the party, his cabinet and they're replacing government employees with loyalists (hiring program was part of it). They're attacking the election system again, maybe it won't work but there's a pretty big chance it will.

    • Yep. Future leaders aren’t going to be as outwardly crass as Trump and that’s all that matters to racist/chauvinists like Europeans and many liberals.

      Something not brought up much/yet is how colonized minds works. Colonized minds don’t suddenly become uncolonized because of a brash leader.

Sure, if they want to pay decent salaries.

But no, you can make 3-4x in the US. That’s not an exaggeration. And before someone says ‘free healthcare’, big-tech employers in the US provide pretty nice insurance for employees that caps maximum out of pocket expenses to about a week of your salary.

EU (except Zurich and London) tech salaries have sort of stagnated to a point that you make about the same in Bangalore, and spend significantly more.

  • Conveniently enough, neither Zurich nor London are in the EU anyways!

    • You’re right, I meant Europe.

      But makes me wonder if EU policies are contributing to wage stagnation.

      There had been several high profile cases in the US about wage stagnation, so much that tech companies are a bit wary of this topic.

      4 replies →

  • Losing a week of salary is still pretty bad. How many days off do you get? Days that you can actually take without losing the chance for a promotion?

    • > Losing a week of salary is still pretty bad

      Keep in mind the salary is 3-5x for big tech positions with 5+ years of experience. Check levels.fyi if you don’t believe me.

      > Days that you can actually take without losing the chance for a promotion?

      Europe wins hands down on this. I happen to have a great employer where I have taken 4-5 weeks off a year without issues, but that’s not the norm in the US.

  • Add free education and childcare to the mix and the difference shrinks quite a bit.

    Not to mention the fascism problem of course.

    • Free education and childcare doesn’t come close to shrinking a 300k USD gap in total compensation. Real number in my case, I looked into moving to Berlin last year.

      > Not to mention the fascism problem of course.

      Agreed.

      The US is going in a terrible direction with this. I hope Europe has learned from history and won’t follow.

      25 replies →

  • And it's really hard to land a job in Switzerland simply because there is a small market with tendency to offshore everything except high management.

    Swissre, UBS and many others all have open positions in Spain/Poland/India, not actually in Switzerland

    • Actual formal engineering jobs in Switzerland come with benefits gold plating better than full federal government employees in the USA. And they’re almost as hard to sack.

      Nobody gives out positions like that easily to non geniuses. And even for more ordinary very smart candidates, there are enough of them to have a few hoops to jump through.

  • > But no, you can make 3-4x in the US. That’s not an exaggeration

    Eh, we'll see how long that lasts as the transition from financial capital to global pariah progresses. It's quite possible that our labor is extremely overvalued.

    • Right now it relies on silicon valley's ability to churn out unicorns again and again.

      That part seems to be taking an ugly turn nowadays by a bunch of military AI/drone swarm/etc focused startups. I'm guessing that eventually after the Apple/Google model of making money is dead, you'll have to work for Skynet if you want to make money.

  • Those "decent salaries" have caused a lot of trouble in the US. They are probably not that good for the society, even if they attract foreign talent.

    There is not much difference in labor share of GDP between the US and the EU. People who work for living get a similar share of the value they create in both blocks on the average (maybe a bit less in the US), but it's less evenly distributed in the US.

    Top 10% earners are now responsible for ~50% of consumer spending. That doesn't mean billionaires and capitalists, but upper middle class professionals and other high earners. The economy is great on the average, but most people don't feel it.

    • > They are probably not that good for the society

      I don't disagree, as in an abstract sense inequality is bad for society.

      Try to understand why the US has high tech salaries though. It is because the last 40 years have made it pretty easy and convenient to start companies.

      Hence, good employees always have great options or can just start their own companies.

      1 reply →