Replacing U.S. agents earning $23 per hour with virtual assistants in lower-cost countries at $4-$5 per hour cuts labor costs dramatically. Scaling to 100 agents shows massive hourly savings, but widespread adoption threatens American jobs. The speaker argues entrepreneurship is the answer.
They're paying, they're paying an American to do this $23 an hour when you can pay somebody that lives in a third world country $4 to $5 an hour. And that could literally— what if you had 100 American agents doing that? Yeah. $23 an hour. Multiply that by 100. That's how much money you're forking out every single hour. You can literally cut that expense down completely by putting a virtual assistant in place. Now, what I've realized is that if that continues to be the way that people do business here in our country, right, it's going to be putting a lot of people out of jobs. Yeah. And I think that this is why entrepreneurship is so important.
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