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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (125641)	3/5/2004 8:07:49 AM
From: Neocon	Read Replies (1) \| Respond to of 281500

American universities are still the place to go for the best education in science and technology, and the best students in India and China come here if they can. Additionally, even those graduating at home come here to work in preference to staying behind for outsourced jobs if they have the leverage to negotiate. The "knowledge age" economy is a whole different way of organizing things. We can outsource some functions to less developed economies, but that does not mean that they are nearly ready to make the transition. For example, even now Internet penetration is greatest in the United States, and the English speaking countries generally have exploited the Internet more than other countries. Also, one should not underrate the investments necessary to develop and up- to- date high tech capability, especially in a situation where tech generations change rapidly. "Internet II", which is being constructed to handle the growth of traffic in the United States and Western Europe, will take billions of dollars for completion. Individual businesses have invested a lot of money in establishing a high tech infrastructure and updating it. In my area (Washington DC) home Internet penetration is the highest (proportionately) in the United States. But the area is also the most highly educated urban area in the United States, and it tended to level off at about 2/3rds penetration, perhaps a little more. It will be quite some time before India and China reach the maturity of our economy, and the next phase.

To: KyrosL who wrote (125641)	3/5/2004 8:17:17 AM
From: Neocon	Respond to of 281500

By the way, to provide a small insight into the international market, my sister- in- law works for a commercial design firm that does a lot of department stores and malls, located in New York. A lot of their business is from the Pacific Rim, such places as Singapore and Taiwan. Investors in upscale shopping facilities simply do not have the companies available to meet their needs on their turf, and turn to the United States, mainly companies in New York, L.A., Chicago, and San Francisco, where they can obtain state of the art design and marketing.

To: KyrosL who wrote (125641)	3/5/2004 8:28:57 AM
From: Neocon	Respond to of 281500

Which Tasks Get Moved? Technology leaders characterize the bulk of the work sent overseas, typically to India, as being maintenance, data conversion and other "grunt work," according to one CEO. But offshoring is evolving quickly. "We're at the point where there's a much broader set of projects that can be accomplished offshore," says Herbet, including custom development and technical support. With three-quarters of its 300-person workforce in Hyderabad, Sierra Atlantic has worked on a variety of projects, including the latest releases of Oracle Process Manufacturing. "There's a significant piece that stays in North America," says Andre Nadeau, executive vice president and chief strategy officer for CGI Group, an IT services firm with 14,600 employees, 500 of them in India. In a typical project, 20 to 50 percent of the work stays in North America. "If it's maintenance, you can send 80 percent to India," he says. Of course, not all projects are seen as appropriate for offshoring. Asiff Hirji, formerly the CTO of Netfolio and currently a vice president with consulting firm Bain & Company in New York, points out: "It's less likely that high-design, high-touch, high-creativity projects will be moved offshore." technology.monster.com

To: KyrosL who wrote (125641)	3/5/2004 6:53:09 PM
From: TimF	Read Replies (1) \| Respond to of 281500

China and India already graduate more engineers and scientists than the US, and their students' study and work habits are much better than those of US students. Don't be surprised if we lose our "knowldege age" advantage a lot faster than we lost our industrial age one. If China and India develop the per person industrial and knowledge/technology ability that the US has (something that will take a long time but could eventually happen) that will mean a relative decline of the US but not an absolute decline. Americans will be even wealthier, and all of the goods and services that would be produced by the over 2 billion (maybe over 3 by then) Chinese and Indians if they where as productive as we where would help make the world better off. But China and India have a long way to go to be as productive as the US. Assuming I live to a ripe old age I could imagine that in my lifetime one or both of them could produce more in total then the US but they would still probably produce less per person. Tim