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Subject: [IP] Re: One of four U.S. jobs headed overseas 1 and comment on
Begin forwarded message: From: Christian Huitema <huitema@windows.microsoft.com> Date: June 14, 2007 4:32:47 AM EDTTo: dave@farber.net, Mike Cheponis <mac@wireless.com>, Dewayne Hendricks <dewayne@warpspeed.com>
Subject: RE: [IP] One of four U.S. jobs headed overseas 1 and comment on
I've been encouraging smart young folks who have an ounce of ability to COMPLETELY avoid the SCIENCES, TECHNOLOGY, and ENGINEERING sectors, as those jobs will be done by very cheap foreign labor. There is no point in competing with some guy in China who gets paid a bowl of rice and lives in a tent. Go into INVESTMENT BANKING, LAWYERING, ENTERTAINMENT, SPORTS, FINANCIAL SERVICES or something that can't be offshored. Forget about SCIENCE, ENGINEERING, and TECHNOLOGY - there isn't any future in those fields.
This is an extremely unhelpful comment, not to mention borderline racist. Competent engineers in China or India are definitely not paid a bowl of rice, and certainly do not live in tents. There are many poor people in either country, but engineers capable of holding jobs in multinational corporation are not among them. Salaries may not match the US dollar for dollar, at least not for entry level jobs, but the standard or living are not so different. Competition for talent is driving up salaries in these countries at a rather fast clip, more than 10% per year. This is indeed affecting the economy -- real estate prices in a place like Hyderabad, where Microsoft and other companies operate, are on par with Redmond, WA. Telling young people to avoid science and technology is a sure way to ensure the decline of the US economy in a not too distant future. -- Christian Huitema -------------------------------------------
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