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To: Mary Cluney who wrote (275883)2/1/2004 2:18:20 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 436258
 
<<I tried getting some help from the AOL help desk recently and reached someone from India. It was like a script from a Woody Allen dialogue. >>
mary
i bet your problem got fixed..



To: Mary Cluney who wrote (275883)2/1/2004 2:31:01 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
your assumptions are quite incorrect actually.



To: Mary Cluney who wrote (275883)2/1/2004 2:36:14 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 436258
 
Hi Mary,

That is not really innovative work they are doing. It is still a long ways before they can even take over much of the innovative work that you find in our telemarketing personnel(I must get 4 or 5 calls each day).

This is where I fall off the track. These economies will grow. This is the bottom end of the growth curve, look at China and you'll see where they're headed. I agree that truly innovative work is not headed overseas. The cutting edge gets done here--no question about it. However, I tend to think that there is a finite amount of capital needed to fund rapid innovation and as opportunities arise, it may be more expensive for us to fund our current brain drain demand. I'm still kind of thinking on this one, but the growth in China in the last 10 years has been astonishing to say the least. I tend to think that they are right now on the cusp(certainly within 10 years) of having enough capital to generate enough innovation to feed their own economic engine. I think this may make for very rough sledding depending on where/when the next boom comes.

My point here is not that people from India can't do this type of work. When they come here to the US, take advantage of our education system, they are very successful.

A very good point, that is, the fact that research and development in this world is done by and LARGE by western universities, and by and large American. At least in the area of physical and life sciences. That fact is undeniable. The benefits of this research also by and LARGE stay here.

India has nearly 1 billion people. My guess is that out of that less than 1/50th of 1 percent of their best educated are employed in the IT industry serving US corporations with help desk and computer programming type services.

I think the point that many here make that is very valid, is that as these economies grow like they are expected, and capital is invested, they are likely to continue to deflate our economy by stealing our dollars. This is particularly alarming when we create added demand by making wars and deficits. Eventually the bird-flu infected chickens will come home to roost.

V