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A comment on Wall Street grudgingly allows remote work as bankers dig in. Parent comment

Re:Wall Street grudgingly allows remote work as bankers dig in by satellite2 on Wednesday November 24, 2021 @10:27PM (#29337951)
The point 3 is similar to the relocation scare of a few years ago to India or similar.

It hasn't happened.

Why? Probably because knowledge work is not at all zero sum. It grows with knowledge workers. So India's knowledge workers got jobs on top of existing ones.

Assuming the same happens now for rural America then it might be a net positive and might even revive some of the dying regions.

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Re:Wall Street grudgingly allows remote work as bankers dig in by aerosmile on Thursday November 25, 2021 @10:04AM (#29341943)
> The point 3 is similar to the relocation scare of a few years ago to India or similar.

> It hasn't happened.

We think it hasn't happened. And yet, the likelihood of talking to a CX rep from a Fortune 500 company who is based in the US is very low. Did that somehow help the US-based CX reps?

Perhaps you're thinking that it will be different with knowledge workers. Consider the well-publicized fact that a lot of Boeing software is written in India. How many other corporations are following suit behind the scenes?

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