The entry level work is definitely considered low value, and I can see why, but I don't think it's any different than a first year accountant or lawyer for example.
Of course the big accounting firms are also starting to rely on outsourcing and foreign hiring strategies but semiconductor has been doing this for 25+ years already.
And accounting is not really a strategic sector
crucial for developing advanced businesses, high value consumer products, and military technologies...
Its a big missed opportunity that will affect the west for decades to come.
Some 12yo's discover it through things like Minecraft and arguably that's the best time to start.
If someone put a "Redstone circuits" unit in a general science class in grade 7, and spent just one day talking about the real-world applications think it would be a success.