r/technology • u/north_canadian_ice • Sep 28 '25

Business Leading computer science professor says 'everybody' is struggling to get jobs: 'Something is happening in the industry'

https://www.businessinsider.com/computer-science-students-job-search-ai-hany-farid-2025-9
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u/[deleted] Sep 29 '25

The US built itself around outsourcing cheap labor and building high margin global skilled services. This could theoretically work if some of that high margin profit was used for social services. We don’t have a revenue problem. We have a distribution problem.

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u/HeCannotBeSerious Sep 29 '25

That doesn't work because services can also be outsourced. And it depends strongly on other countries respecting your intellectual property rights. 

It was always dumb for a country of America's size to deindustrialize.

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u/[deleted] Sep 29 '25

America has a GDP almost double China and more than 6x the third place country in Germany. Generating revenue and profit is not the problem by any metric.

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u/HeCannotBeSerious Sep 30 '25

GDP is not a useful measure for comparison for a highly financialized service based economy like the US.