replacing americans with foreigners on and off shore is a bipartisan issue. both parties overwhelmingly support it

@deprecated_ii How much money are they really saving with this? It goes without saying it can't be worth gutting our entire domestic tech sector

@PraxisOfEvil it's extremely bad long term but in the short term wall street loves it and executives -- who are almost all mercenaries who don't care about the companies they control -- are directly incentivized to please wall street

also, cutting labor costs is just about the only way most companies can increase profits at this point, for various reasons. big investors demand more returns next quarter, only way to make it happen is to lay off a few thousand people

the market will not correct any of this, it's up to the government and the government wants it to happen

@deprecated_ii @PraxisOfEvil >the only way most companies can increase profits at this point, for various reasons
if your investment fund controls the company and all 3 competitors as well, there's no competition so I think that's why

@WandererUber @PraxisOfEvil it's more than that, everything is already super efficient and commoditized so there's little room for improvement in logistics, sourcing, etc. labor is simply the only cost left to reduce

obviously systems can't just keep getting more efficient forever, but that's what wall street demands

@deprecated_ii @PraxisOfEvil @WandererUber I posit software is actually moving in the opposite direction. Previously efficient tools are being turned into time sinks due to valuing 'user engagement' to hoover up as much data as possible on users and lock them in walled gardens. Neither are good for humanity, in my opinion.

@RegalBeagle @PraxisOfEvil @WandererUber perhaps a better way of saying it is things are as efficient as large organizations are capable of making them

large organizations are inherently very inefficient but they can simply kill the efficient small time competitors that pop up so it doesn't matter. this is one of the reasons most megacorporations should be forcibly broken up