It's incredibly naive to think it was ever unintentional.
And yet, California has an above average poverty level, below average per-capita education spending and achievement and all-too-frequent state budget problems.
How can this brain-driven economy coexist with this poverty and inequality? It's not the result I would expect. How do we explain this? More important - how do we reduce the poverty and spread the benefits of this brain-driven economy more evenly?
I grew up in Spain and got all my higher education for free. The state essentially spent large amount of money in me, hoping that I would give it back to the economy as a skilled worker.
After the 2008 crisis I moved like thousands others in my same situation. Now other countries will benefit from the ROI that my home country made on me instead.
Short term, sure it's beneficial for the US, but I don't think it's a good idea to reflect in a vacuum or only thinking short term. Emergent countries being able to develop is beneficial for everybody.
Silicon Valley is successful partly because noncompetes don't get enforced in California. It makes things slightly worse in the short term for each company but better for both the individuals and the world overall.
The US has been successful partly because it's attracted so many skilled immigrants. It makes things slightly worse for other countries in the short term (though remittances!) but is better for both the individuals and the world overall.
I certainly think it's better for the rich as it drives the stock market up, but a blanket "better for the world overall" is certainly an interesting take.
In theory, yes. However, in practice, "participating in the development" can mean working for crappy employers, for a pittance, on some ass backward php/delphi/whatever system that has been accruing technical debt for the past decade. Not all developing countries are friendly for entrepreneurs either(bureaucracy, corruption, taxes, limited access to credit), so options may be limited.
In many cases, they wouldn't be able to contribute that much, but they may be highly skilled, and the United States works as a force multiplier.
Source: came from a third world country, had a company for a couple of years, spent another couple of years trying to officially close that company after operations had ceased.