Tech panel sees IT jobs returning to U.S.
Your Special Friend
Tech panel sees IT jobs returning to U.S.
By Alorie Gilbert
Staff Writer, CNET News.com
http://news.com.com/2100-1022-5094777.html
Story last modified October 21, 2003, 7:20 PM PDT
SAN FRANCISCO--The loss of U.S. jobs due to a shift of information
technology work overseas maybe be painful for American workers now,
but the discomfort is temporary, according to a panel of information
technology executives gathered here Tuesday.
Executives from Borland Software, BearingPoint and Infosys, and an
official from the U.S. Department of Commerce expressed confidence
that U.S. companies will eventually reinvest money saved from farming
out IT tasks to foreign workers and expand operations at home. That,
in turn, will lead to American job growth down the road, the panelists
agreed.
"We need to keep an eye on long-term growth and not take a short-term
protectionist approach," said Chris Israel, deputy assistant secretary
for technology policy at the Commerce Department, explaining why the
Bush administration opposes tariffs and other policies that would
discourage the outsourcing trend.
And because the aging baby boomer generation is nearing retirement,
the United States may be headed for another work-force shortage, said
William Miller, professor emeritus at Stanford University and chairman
of Borland. In the meantime, displaced IT workers should get training
and be willing to relocate to find new jobs, he said.
"People have to be prepared to move," Miller said. "That will be one
of the requirements of the work force in the future; people must be
willing to move where the jobs are."
Although the panelists defended the merits of offshore outsourcing,
they acknowledged some problems. One is whether foreign companies and
workers can be trusted with intellectual property and other sensitive
information handed over to them by U.S. clients. Companies in India
generally operate under strict confidentiality rules, said Harris
Miller, president of the Information Technology Association of
America, the trade group that organized Tuesday's panel. But in China,
where intellectual property disputes have been more common, it's a
bigger concern, he said.
Another question is whether American workers will keep pace in the
global market for IT skills, especially at their relatively premium
wages. Stanford's Miller noted that technology and science graduate
programs at the country's most prestigious universities are
increasingly populated by foreign-born students.
Others acknowledged that, taken too far, the push to move work
offshore could backfire by bumping up unemployment and thereby sapping
domestic demand. "There's no simple answer," to such quandaries,
ITAA's Miller said.
In addition, the call for investing in the education of America's work
force and the need for job training and other welfare programs for
displaced workers come as federal, state and local governments face
huge budget deficits and are forced to trim such programs. "I think it
makes it more difficult," Stanford's Miller said. "That does hurt us."
U N Me
> http://news.com.com/2100-1022_3-5094777.html
>
> Tech panel sees IT jobs returning to U.S.
>
> By Alorie Gilbert
> Staff Writer, CNET News.com
>
> http://news.com.com/2100-1022-5094777.html
>
> Story last modified October 21, 2003, 7:20 PM PDT
>
> SAN FRANCISCO--The loss of U.S. jobs due to a shift of information
> technology work overseas maybe be painful for American workers now,
> but the discomfort is temporary, according to a panel of information
> technology executives gathered here Tuesday.
>
> Executives from Borland Software, BearingPoint and Infosys, and an
> official from the U.S. Department of Commerce expressed confidence
> that U.S. companies will eventually reinvest money saved from farming
> out IT tasks to foreign workers and expand operations at home. That,
> in turn, will lead to American job growth down the road, the panelists
> agreed.
>
To understand the above paragraph you need to think of the line "Trust me,
the check is in the mail:
What will be hysterical is when the above companies are driven out of
business as these oursourcinng centers replace Silicon Valley as the
world's technological center. And all of our financial and medical data
is stored offisite and processed halfway across the world and a few
terrorists gain employment with these companies.
Prisoner #6
--
"When governments fear the people there
is liberty. When the people fear the government
there is tyranny." Thomas Jefferson
Iguana
official from the U.S. Department of Commerce expressed confidence
that U.S. companies will eventually reinvest money saved from farming
out IT tasks to foreign workers and expand operations at home. That,
in turn, will lead to American job growth down the road, the panelists
agreed.>>
The "panelists" are greedy, self serving pigs. U.S. Companies reinvest
money?, yeah, in their own
CEO's pockets. Yeah, I can see the jobs coming now....landscaper,
housekeeper, chauffer..
Iguana
"Your Special Friend" <y...@ziplip.com> wrote in message
news:1214fb08.03102...@posting.google.com...
ragde
"Iguana" <dmattisNO...@bellsouth.net> a écrit dans le message de
news:u6Zlb.47637$5n.4...@bignews5.bellsouth.net...
Iguana
Oh, good comeback. You stay up all night thinking that up?
Iguana
"ragde" <ra...@hotmail.com> wrote in message
news:3f98c5e5$0$3669$5402...@news.sunrise.ch...
Kingbarry2000
"Iguana" <dmattisNO...@bellsouth.net> wrote in message
news:u6Zlb.47637$5n.4...@bignews5.bellsouth.net...
> <<Executives from Borland Software, BearingPoint and Infosys, and an
> official from the U.S. Department of Commerce expressed confidence
> that U.S. companies will eventually reinvest money saved from farming
> out IT tasks to foreign workers and expand operations at home. That,
> in turn, will lead to American job growth down the road, the panelists
> agreed.>>
>
> The "panelists" are greedy, self serving pigs. U.S. Companies reinvest
> money?, yeah, in their own
> CEO's pockets. Yeah, I can see the jobs coming now....landscaper,
> housekeeper, chauffer..
>
>
> Iguana
>
Well, better get some training then.
--
Writing a haiku
Is simple just stop at the
seventeenth sylab