Telecommuting/ WFH and Remote Work

Inflection point number 87 so far this year?

He is not referring to leadership :slight_smile: Only a few handfuls can aspire to these roles. For rank-n-file, WFH/ Remote work is the way to go - huge group :slight_smile: Demand for your 7x7 is a smaller group, a shrinking one. It means, you know what it means.

The BA will always be desirable. Tech or no tech. Foreign investment or not. They are building 10 $5m houses in Redwood City near my old house. Crappy schools or not. No room to build on the peninsula.

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Any engineer who leaves SV could be replaced by IIT graduates in India who are younger, harder working and let’s face it, smarter, at 1/5 the cost.

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Just FYI: Normally, IIT Graduates prefer to migrate to USA, and they are taken by top US institutions with financial aid. They never join in India, rare exceptions are there, and most of them come here after their BS, land up in management side, grow up and finally start their own companies.

Just like all mfr jobs went to China during 1975+ periods, now IT jobs will migrate, but US is always in the lead and BA will continue to go forward.

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SV :man_dancing: 7x7 :-1: Or do you really mean BA? Anyhoo I mean 7x7 :-1: not the entire BA. So I don’t know why @Jil and @manch agree with you. They can’t distinguish BA, 7x7 and SV?

7x7 not SV :slight_smile: Try to pull a fast on me :face_with_symbols_over_mouth:

Make sense. Only dinosaurs like @manch want to hold on to old jobs, just like those mid-West guys want their combustion engine auto jobs back.

I do not understand what 7x7 means…But, all tech lay offs started - including Apple closing 30% stores - improves the bottom line. Tech jobs moving out will again increase profitability.

Bay area real estate will get a set back in next 2 years, but then resume as usual. Bay area bankrupt when AAPL, FB, GOOGL, NFLX, TSLA kind of companies go for bankruptcy protection.

At the end of this recession, new unicorns will come and growth will pick up. Any Real Estate in RBA or peninsula will pick up further.

Google, Microsoft, IBM, FB, Global foundries, Master Card, SanDisk, Diego, Adobe etc has either CEO or Senior management from India.
what you think will happen?. Remember India is water stressed country. it cannot have manufacturing on same scale as Northern EU/Russia or East Asia.
These companies are currently not bankrupt as Dollar still reserve currency. but there existence will only assured going forward with significant cut costs (move out from Bay area) and spread there hiring to all 50 states.

The place where homeless hang around is 7 miles x 7 miles.

RBA is SV + some cities in peninsula, doesn’t include 7x7. Apartments in 7x7 become popular because of singles and swingers of software startups who are so nerdy that they have to go to tenderloins and bars for entertainment - couldn’t get girlfriends. Rich ones like Elon Musk go to private parties :slight_smile: even he is leaving, I wonder why? Austin has better private parties or he being grimed.

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Since 1975 all manufacturing jobs moved to China and elsewhere overseas, still USA is stronger. The number of people employed in China (US contract) manufacturing (as of date) is bigger than US manufacturing.

Same is the case for India, the number of people employed in IT (or related) is more than USA (and Bay area IT employment) as of date.

Both will go overseas as cost cutting measures, that increases profitability of the companies here.

USA (and BA) will continue to grow on Tech side as finance and infrastructure (research) and leadership is here. USA has unique structure in business financing that any one with innovative ideas can make millions/billions. The quality and the reliability is very high and all over world bank prefer to invest in USA.

This is a big subject on its own. Any one has doubt, please listen this year Warren Buffet speech/Q&A.

Every downturn, negative stories about USA creates fear in the hearts of newbies or faint heart people.

The strong and intelligent understand the details and make use of downturns. Do not be fooled by mis-information and all associated the so called analysts prediction.

Bay Area will die only when AAPL, GOOGL, FB, TSLA and NFLX files for bankruptcy…Period. Otherwise, buy these stocks/real estate (leverage) and grow intelligently.

BTW: This is posted for discussion purpose, not a financial nor a stock advice.

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Why he married, divorced and the re-married and went out divorce with same lady? You will not know the billionaires game ! No need to know that too, beyond our scope or waste of time.

When you get into billionaire club, you will know…!

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Half of Indian population is reeling under severe flooding in rivers.

The threat to SV superiority is not from recessions or downturns. The business unfriendliness of California is no more an occasional story that is only told at the time of downturns. It has become a constant feature of the state. Lets hope it gets fixed before it is too late.

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True…True… The state has to change a lot, they are extreme in tax,a lot has to change.

They think like @manch, milk milk and milk, the cow won’t die.

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Since 1975 US got benefit from Globalization in following way
Boeing could sell thousands of airliners. ( now it is shedding thousands of Jobs and paying parking and fine charges for overflowing inventory)
US largest weopon manufacturing exporter (Those countries could afford this scale of purchases as Oil/Gas/LNG industry expanded with low population)
US oil / Gas along with Oil services (SLB/Baker Hughes/Haliburton/Bachtel)
Super expensive Pharma industry.

Universities expanded in size as high paying international students enrolled.
Global Tourism… Hotel and construction Industry benefited.
Lower interest rates and all the above jobs expanded Auto market to 20 million vehicles. (Lucky to sell 12 million vehicles this year)
US firms made huge money in Asia domestic markets and re-export…

Now all those 50 years Globalization trends are reversed. who will provide replacement for those millions of jobs lost? what about lost revenues in Tax. unless you want Gold go to infinity.
EU monetary and fiscal policies are effective. thats why they have lower effective interest rates, trade surpluses and much stronger currency with 5G is built with EU firms.
Silicon valley simply dont have any skills left to build physical products.

despite so many Indian CEOs and Jobs created. They dont even want to be seen part of alliance because they are facing there own trade wars and limitations from other countries


External Affairs Minister S. Jaishankar has said that the U.S. needs to learn to work with a more multipolar world and “go beyond” alliances. His comments, made at the U.S. India Business Council’s India Ideas Summit, echoed remarks he made earlier this week that India would never be part of an alliance.
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thats more poor infrastructure to deal with rains. I am pointing to water table and greenery.

@HK2

Many tech companies complain about China this and that, and many SV SWEs foolishly believe and regurgitate the issues verbatim. Actually what the companies want is fatter profit margin and more profit. Instead Trump acts to put some companies into hot soup. Trump exploited those issues to stamp the rise of China. In addition, he hopes to bring back those nearly defunct manufacturing jobs - not sure he knew that or just rhetoric to win votes.

Tech companies make huge profits because of globalization. Now, their complaints backfire when whisper to the wrong ears.

Wise. Careful not to be associated with the elites.

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What exactly are you pointing to? Except for Deccan Pleatu and Western India. The shortage is not so severe.

To go beyond alliances. This is a piece of oft-repeated advice given to the US. What exactly should US do that it is not already doing?