Friday, April 21, 2006

The High Tech Future?

Gas price average tops $3 in California.

Rather than drive to work you can now telecommute, the problem is that many companies are using this technology to outsource work. BPO - Business Process Outsourcing to India is a multibillion dollar industry. In the future many white collar jobs in the US will be sent electronically to India. You don't need a time machine to see high unemployment in the future, as high paying - high tech jobs are sent overseas.

Many outsourcing firms are in poor third world countries without the rigorous regulations of the US market. Your intellectual property rights are not easy to enforce.

Do you think that a firm with 100 illegal copies of Microsoft Visual Studio.net will care about your rights? How do you go about sueing a company on the other side of the world where bribery and corrupt judges are the norm? Software piracy is a problem and safety of corporate data.

Many companies in the future will have to deal with stolen customer data including credit cards and medical histories sold to the highest bidder -- all because of outsourcing.

Another problem is that wages for high tech jobs are declining rapidly. Last year Infosys a software company in Bangalore, India received one million resumes of people looking for work. There is a huge supply of potential programmers willing to work for 50 cents an hour.

You don't need astral time travel to see that the high paying high tech jobs of the future have become the minimum wage work of the present.

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