Lizzie, The Indyan IT sector will be self limiting, only a certain number of IT jobs can be outsourced. In addition, greed among the IT brokers has increased the cost to the point where the US people are competitive againt. It takes a certain size to justify offshore IT.
The big threat is offshore insurance and medical administration. That will take another big swipe. They will solve the privacy concerns with coded IDs, so that the offshore people never know the names of patients, doctors or hospitals. All will use code numbers.
The $50-100K jobs are pretty safe. It will be the $35-$50,000 jobs that are vulnerable in the back offices of insurance, brokerages, catalog houses, medical administrators etc.
Jobs with personal contact are a lot less vulnerable, although remote robotic assist surgery might take a few US doctors jobs away. Well, I do not cry for them, they are fat cats. A few jobs will be lost to airline cockpit automation, and to their back offices as well. airline reservation counters have large back offices that can go to Indya..
So after all this takes place, so what. There will be new jobs for US people, an economy works in mysterious ways.
Bill |
