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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Snowshoe who wrote (39890)10/21/2003 4:52:24 AM
From: Seeker of Truth   of 74559
 
Hello SShoe,
The article is fascinating, certainly. Thanks for posting it. I kind of disagree with the main conclusion. Suppose, instead of Indians, the British companies had invented robots to "man" call centres etc. The increased profitability of automation has, historically, since early in the 19'th century, created lots of new and better jobs. After two centuries of mechanization and automation there were more jobs than ever. I think the same might be true today with respect to shipping those jobs to India. However, the newly created jobs, whatever they may be, will not go to intellectually challenged people. That may be the crux of the problem rather than the loss of some kind of fixed number of jobs to India. In other words as long as there are able people in the English speaking countries, in principle there doesn't have to be a zero sum game.
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