To: Amy J who wrote (176478 ) 1/12/2004 1:11:27 PM From: Lizzie Tudor Read Replies (1) | Respond to of 186894 You're funny, yeah, but things aren't actually that bad, at least not in our industry. Must be some other industry that's stumbling? We'll find out this week when the Dec numbers come out. No idea Amyj. I actually think tech is pretty bad. You're right it is mature tech most likely except as you know VCs are hiring more in india now, so that is clearly not mature. But the big numbers come from the big companies.finance.messages.yahoo.com Canada, an economy 1/8 our size created more jobs in the last 3 mos than we did.Just to illustrate disappointment, here’s a bit more perspective. In the last three months of 2003, Canada created 173,000 new jobs, reports Phillippa Dunne of the Liscio Report. The United States, with a workforce eight times as large, created only 144,000 jobs. moneycentral.msn.com I don't think you realize how hard Intel is working with the government to keep itself competitively in the USA. They could simply do what your fav dbase is doing - see what I mean? Actually, my view is that hardware- specifically chips including intel have handled globalization very well, probably because they were always global companies with foundries in asia. Software as a whole- not just oracle but including microsoft also- moved their entire R&D offshore and in the process blew themselves up. I expect Linux/MySql/Mono and pretty much every open source package to overtake the license fee software business in terms of growth and share soon enough (very soon). I like intel as a company, but make no mistake about it I am very suspicious of this entire offshore move. I think its bad for the US and bad for the tech industry and good for a few people- CEOs of very large, well established companies like Intel and HP. (it would have been good for ellison and gates too had they missed the "offshore market" angle- whoops) I'm feeling disappointed because some of communications business is merging with consumer comms (which I knew it would, and is fine from a business standpoint) but on a personal level, just wasn't expecting to see a slimey visual slap in the face in the shape of sleazy shows from the consumer sector. The reason CES is overtaking comdex and consumer electronics is so hot is because infrastructure IT has moved offshore and is becoming commoditized as far as productivity is concerned. There is no purchasing power in offshore IT, but US consumers still have purchasing power and, voila- infrastructure merges with consumer.