this post was submitted on 06 Jan 2024
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It's considered extremely niche because the west was happy to outsource what they thought of as low value work (at least it was viewed this way historically).
The entry level work is definitely considered low value, and I can see why, but I don't think it's any different than a first year accountant or lawyer for example.
Of course the big accounting firms are also starting to rely on outsourcing and foreign hiring strategies but semiconductor has been doing this for 25+ years already.
And accounting is not really a strategic sector
crucial for developing advanced businesses, high value consumer products, and military technologies...
Its a big missed opportunity that will affect the west for decades to come.