Eric Hobeck

Current: Preps reporter for @InsideNoVA. Past: The Washington Post, Streaking The Lawn, Japers’ Rink, and more. Forever: Lancer. COYG

[Eric Hobeck @eric_hobeck]

If UVA wins 10 regular season games, I will do some sort of timed Gusburger eating challenge à la "Waffle House fantasy football punishment".

And I hope it happens.

[Kyle Johnson Lover @KellerBurner_]

My official UVA FOOTBALL Record prediction
(10-3)
Home (7-0)
Away (3-2)
Neutral (0-1)

[Remember That Dude? @RememberThtDude]

Remember this dude?

London Perrentes, Virginia 2013-2017

#GoHoos #Wahoowa

[Nard @Narddog4747]

America has lost ~$450 billion from outsourcing IT to India in the last 6 years alone.

I've worked through 15 different technology implementations for healthcare providers over the past 6 years. Small scale to enterprise level.

While the data is clear on the amount of foreigners that have been given US based tech employment, what it precariously omits is the enormous scale of reliance on offshored labor. This is an opaque process to most people, even corporate Americans don't understand what is actually happening.

Every single project I was involved in used Indian consultants. Scrum masters, data analysts, DevOps & SWEs, project managers - all Indian. The service team - call center reps, client managers, Their work was horrific and constantly needed micromanaging. It would take 6 Indians to complete a simple SQL pipeline for SFTP prep that an American dev could solo in half the time. Project documentation was atrocious, filled with grammatical errors making it largely undecipherable. Deliverables were always late.

Firms like Deloitte, Accenture, PWC, EY, Optum and Huron all have what PWC calls "acceleration centers" where these people are employed. Primarily in India, but also in Malaysia, the Philippines and Mexico. Massive corporate buildings that cram thousands of these people to do work that would require 1/10 of the amount of Americans.

I often wondered, why? The answer is simple - build a deliverable that (barely) functions but breaks enough to keep the client engaged long term. The money isn't in the project, but all the servicing behind it. Using offshore labor allows these companies to arbitrage labor cost exponentially, meaning massive profitability for shareholders.

Example:

A company pays Deloitte $400k to build a new inventory software system. After it’s live, they sign a 5 year support contract for $180,000 per year so Deloitte’s team fixes problems, updates it, and keeps it running. That turns a $400k project into $1.3 million total revenue for Deloitte over time.

But the devil is in the details.

Mostly all of development work for the inventory software is done offshore in India, where Deloitte’s developers cost the firm about $25k–$35k each instead of using American developers who cost $110k–$150k each.

In that same $180k per year support contract, Deloitte will use offshore teams in India (costing the firm ~$15k–$25k) instead of Americans (who cost ~$90k–$120k).

Every offshore hire means roughly $60k–$90k in American wages that never enter the U.S. economy.
Over 5 years that’s $750k–$1.2m+ in lost U.S. wages that will never enter the American economy, from one single project.

Scaling of this issue is imperative.

An estimated 150,000 projects have been completed by professional firms since 2020.

Low end: 150,000 × $750,000 = $112.5 billion

High end: 150,000 × $1,200,000 = $180 billion

However, these are only first order effects. If we account for second order (wages supporting local economy and everything downstream) we can conservatively estimate a 1x-1.5x multiplier so the real cost for America looks more like this:

Low end: $112.5B × 2.0 = $225 billion

High end: $180B × 2.5 = $450 billion

$35-70 billion per year on IT outsourcing alone.

Professional companies are expanding very rapidly on this front, largely through AI marketing slop to blissfully unaware boomer corporate executives, embedding their useless AI into their bread and butter - outsourced service model.

There are virtually no indicators that anyone will do anything about this.

[Ben Houselog @benlikessport]

“Perfect he chose a center”

“Now give him 60s Wilt Chamberlain”

[Eric Hobeck @eric_hobeck]

Found my new obsession. @84and0

[Bx Wood @populusaigeiros]

It really is this simple

[bowdz @Bowdz_]

Arteta won 2 of these within the first 9 months of employment and he was told he was trophyless for 6 years

He had never been a manager before btw

[NC Scout @Brushbeater]

They found him training leftist militants in combat skills. That's where they 'found him'. And this is the future of their party while you sit back and giggle.

[Awful Announcing @awfulannouncing]

NHL fans in Indianapolis have no broadcaster audio for Game 1 of the Stanely Cup Final. Here's how the first goal sounded on WRTV with only the in-arena sound.

[Tucker Martin @jtuckermartin]

Favorite I-95 sign is definitely in Petersburg, Va:

95 South
Rocky Mount, NC
Miami

Talk about two very different potential destinations. Choose your own adventure stuff

[Restore Britain @RestoreBritain]

A Restore Britain Government, with the British people's approval, would put Vickrum Digwa to death.

[RodeoProfessor @RodeoProfessor]

You may want to be left alone, you may move all the way out to Wyoming to be left alone, but the Mellon Foundation will find you and firehose money to force you into a “feel guilty about your ancestors” sociology 101 struggle session:

[Lee Kuan Yimby @LeeKuanYimby]

We get it. To become a DSA progressive you must be completely detached from societal decline and instead of re-distributing your families resources you dilute the quality of life for working class people to feel better about yourself.

[Oilfield Rando @Oilfield_Rando]

Hey @David_J_Bier, @AlexNowrasteh, do the lost economic contributions of an American family of five wiped out by a fresh immigrant count against immigrant contributions in your Cato Institute models or are they offset by the increased funeral home earnings?

[JB @jb2forty]

Ppl calling him performative / aura farming / gambling / clip farmer etc but what if this is genuinely just his character lol

[MR DT @MrDtAFC]

Just watched the game back. Yeah, the referee needs investigating. I thought some of his decisions were weird at the time, but from the moment he gave us a corner and then decided to blow for half-time, some questions need answering.

Mosquera got booked within a minute of the restart, without a warning. Saka getting booked for winning the ball. Timber being penalised for turning his man. Every 50/50 went against us, he would award PSG a free kick minutes after waving play on for the same tackle against us. As for the Madueke tackle. I’m speechless.

I'm not surprised though when Qatar are in bed with UEFA and they are PSG's sponsor.

[Ray Noe @CoachRayNoe]

Great players make good coaches…Our group was SPECIAL this past year.

Excited to carry the momentum and continue to build this thing! 💪🏼 🐴

[AFCAMDEN @AFCAMDEN]

Met police have confirmed this is the biggest football parade ever held in the country after drafting in support from Merseyside and Manchester police to help with the celebrations. Estimated 1.5m+.

[Sky Sports News @SkySportsNews]

"22 years Arsenal fans have waited for this."

Celebrations are flowing in north London! 🔴

[Piers Morgan @piersmorgan]

To see Spurs and Chelsea fans mocking Arsenal after the seasons they had is beyond parody. We’re the best team in England, and the second best team in Europe. You lot are global laughing stocks.
So pipe down, you wastrels. 🤣

[Miguel Delaney @MiguelDelaney]

All that said, there’s a difference between Arsenal’s football this season and last night

This PSG are like Barca 2008-11. They have shredded everyone in big CL games - Arsenal’s gameplan made sense and they stopped them like no one has