Being a nationalist, he's target audience for Putin's very much not nationalist but imperial elitist/corruptocrat oligarchy and its cons, and here it shows.
Human capital? We don't do that in corruptocrat oligarchy, we call it "competition to our precious political positions".
Naturally the occupation, as we are seeing it in areas Russia controls, will drive away most of human capital the war didn't, and they will mostly head west. Criminals, useful idiots, conmen, and people too dull, old or poor to move away will remain. Meanwhile thanks to the increasing international isolation a lot of Russia's own human capital is leaving now.
Since their country invaded Ukraine, Russian tech workers have left by the thousands. They appear intent on rebuilding their lives and businesses in other countries.
www.nytimes.com
The precise terms used, ironically, tell the story accurately. It's about lands, not people. Corruptocrats of any sort are both willing and able to do profitable things with extra lands, and divvying up control over loads of newly conquered lands is a grand party for all.
The people on the conquered lands are just a somewhat useful labor force at best, and a pain in the ass who want part of the spoils for their silly healthcare and retirements and shit at worst, and that's without even getting into the possibility of guerilla warfare.
It's also why Russian forces don't shy away from infrastructure damage, just like the driven out population, they don't mind, and don't plan on rebuilding much of it, as most of it is simply superfluous to their resource exploitation focused business plans.
