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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (70737)11/18/1999 8:08:00 PM
From: benwood  Respond to of 132070
 
Les, I think that in America, the process for having an idea and cashing in on the IPO has been streamlined by several orders of magnitude. Hey, there's even an ipo.com... I wonder if it has a Department of Redundancy Department? <g>



To: Les H who wrote (70737)11/18/1999 8:11:00 PM
From: Giordano Bruno  Respond to of 132070
 
Well Les, it was only a matter of time...the Internet Policy Institute think tank. -ggg-



To: Les H who wrote (70737)11/19/1999 10:07:00 AM
From: w0z  Read Replies (1) | Respond to of 132070
 
Duh, the productivity in tech is basically achieved by farming out the labor-intensive subassemblies overseas.

What about services?

automated directory assistance (no telephone operators)
automated banking (no tellers...ATM's instead)
automated transaction entry via Internet (no data entry clerks or 800 number phone operators)
automated voice recognition and transcription (no secretaries)
etc, etc, etc.

And why shouldn't we farm out the low value-added labor intensive parts of manufacturing? This is probably more due to the unavailability in this country of an educated entry-level workforce than anything else. This shortage is forcing companies to automate and/or transfer entry-level jobs overseas. When we start valuing real education in our school systems rather than sports, sex education, and our "feel good about ourselves" curriculum, then maybe companies won't be forced to transfer jobs overseas for lack of an educated workforce. Meanwhile, more power to those countries who choose to educate their citizens.