The main threat to your job is today the same that it was last year. China is growing its influence and technical capacity.
TikTok could have been an American (or European, ...) company with American employees, it is not.
It’s easier to create a company in China and produce software there than to hire individual developers. That may work for very small companies with special needs, but it’s very inefficient.
If Chinese citizens are allowed to purchase American video games, hire AWS and Azure services, etc. then it is not a big deal. Other wise the draining of jobs will continue like has been happening for the pas two decades.
Another option is to be more protective of critical industries. As the pandemic shows how vulnerable is the west in the supply chain.
I expect a future similar to what we had one year ago. With some more jobs moving to China and some light increase in protectionism to avoid too much job bleeding.
The main threat to your job is today the same that it was last year. China is growing its influence and technical capacity. TikTok could have been an American (or European, ...) company with American employees, it is not.
It’s easier to create a company in China and produce software there than to hire individual developers. That may work for very small companies with special needs, but it’s very inefficient.
If Chinese citizens are allowed to purchase American video games, hire AWS and Azure services, etc. then it is not a big deal. Other wise the draining of jobs will continue like has been happening for the pas two decades.
Another option is to be more protective of critical industries. As the pandemic shows how vulnerable is the west in the supply chain.
I expect a future similar to what we had one year ago. With some more jobs moving to China and some light increase in protectionism to avoid too much job bleeding.