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To: Proud_Infidel who wrote (65665)	7/1/2004 12:56:29 PM
From: Kirk ©	Respond to of 77400

Your "fact" does not take into account the manufacturing jobs being lost at an unprecedented rate in this country. Can America be a country of high living standards by service jobs alone, especially when many of the service jobs themselves can be done more cheaply in India or some other country? No, the US will have to continue to innovate and invent new jobs to stay ahead. Many/most IC design jobs will eventually all go to China but the tools will probably be used to do bioengineering where standard cells will become biological.. or nanotech... or both.... or mixed! Who is to say that the service sector will not be decimated a decade from now like the manufacturing sector has been? Brian... I fully expect it to be as more and more services are automated and or done for lower cost. I actually have an idea about how to pretty much put the big GS/Schwab/ML/AIG places out of business or at least greatly reduce their earnings... but I'm not sure I want to spend that sort of effort... but I do have a "startup" of sorts running at a profit that could expand the business model easily... while doing good for society as it would reduce the $ "tricked" out of the hands of dumb investors who go to these places for trusted advice and usually get biased advice. If I don't do it, I bet someone else will figure it out. Even my dentist will have to lower costs as I hear there is a machine now that can do a crown wtih lasers and have it built and replaced in a single appointment. Same cost to the patient as a the current two trips and a week with a temporary filling. That machine should come down in cost in a few years and we can train operators to do what dentists do.... and crowns might come down 50% in cost! Kirk

To: Proud_Infidel who wrote (65665)	7/1/2004 4:02:45 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

No one knows the future and it's possible that we will move from an information economy to something else, just like we moved from an industrial economy to an information economy. But you must have missed that shift, because that structural shift already occurred: industrial => information. That means that our economy rebalanced and recognized that resources should be allocated to service-based businesses for the best leverage. So alot of manufacturing was pushed offshore...and good riddance. Do you really care if your t-shirt is manufactured in the U.S.? I know I don't. But many decades ago, people would have been appalled that t-shirt manufacturing was moving offshore at an alarming rate. By the same token, right now many of you might be appalled that software manufacturing (offshoring of IT resources) is being offshored to India. But a couple decades from now, it will be clear to everyone that it DIDN'T matter! Rather, it allowed us to focus on our greatest value, which is designing complex systems and stubbing them out, not filling in the blanks on the stubs. That's repetitive monkey work. I'm all for offshoring it, as long as we continue to spit out highly qualified C.S. majors who know how to design the complex systems.