To clarify, I agree the issue is "cheap labor," not "talent." My previous comment was built on that premise.
I was pointing out that capital seeking lower wages is a standard economic outcome and my surprise was directed at how often folks in the tech industry seem caught off guard by basic profit-maximizing behavior. That's just what companies do and they are expected to do so.
Regarding the value of studying economics: it provides the exact framework needed to see past corporate PR. When companies claim they are offshoring for "talent," basic economics gives you the analytical tools to quickly recognize that the real motivation is reducing labor costs.
I was pointing out that capital seeking lower wages is a standard economic outcome and my surprise was directed at how often folks in the tech industry seem caught off guard by basic profit-maximizing behavior. That's just what companies do and they are expected to do so.
Regarding the value of studying economics: it provides the exact framework needed to see past corporate PR. When companies claim they are offshoring for "talent," basic economics gives you the analytical tools to quickly recognize that the real motivation is reducing labor costs.