Western Professionals
topic on 2 shows · 2 statements across 2 episodes
Invest Like the Best 
the a16z Podcast
2 statements about Western Professionals, every show
Chinese firms have domesticated Western business practices, eliminating the need for expats
“Those roles, those learnings have now been domesticated. And so instead of firms, you know, paying multiples of the cost to bring over a Western professional to do it, Those learnings are now, you know, domestic. And so it's cheaper, and they have those skills…”
Balaji Srinivasan: AI will drive global professional wages toward $20K equilibrium
“If you've got, let's say, a lawyer who's making 200 K a year in the US or a doctor in the West, and then you've got somebody from the Philippines or India or anywhere in the world who's making currently 2000 dollars a year, maybe the converged wage with AI plu…”