Saturday, March 09, 2019

Tech in Mexico

My former student John Hyatt is a business consultant these days in Mexico (I chatted with him on my podcast last year). He has an op-ed with his partner, aimed at Wisconsin. Their argument is that the Mexican tech sector is booming.
While we hear much talk of a migratory crisis during today’s political climate, it is a fact that Mexico has enjoyed a “net negative migration” rate to the United States since 2010.  For nearly a decade now, more Mexicans have been returning home from the United States than migrating from Mexico. 
In the tech sectors, Mexico’s plethora of engineers, and investors have converted the country into Latin America’s No. 1 tech hub. Mexico currently ranks seventh in the world for active Internet users at nearly 90 million. About 84 million Mexicans regularly delight in sharing pictures, videos and other posts with family and friends via Facebook as the nation checks in at fifth on earth for users of the social media juggernaut.
Mexico has serious problems but it is still important to stay cognizant of its strengths. Especially these days it takes extra effort to break through the stereotypes.


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