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One of four U.S. jobs headed overseas 1 and comment on
From: David Farber <dave () farber net>
Date: Wed, 13 Jun 2007 21:16:45 -0400
Begin forwarded message: From: dewayne () warpspeed com (Dewayne Hendricks) Date: June 13, 2007 5:00:01 AM EDT To: Dewayne-Net Technology List <xyzzy () warpspeed com> Subject: [Dewayne-Net] One of four U.S. jobs headed overseas [Note: This item comes from reader Mike Cheponis. DLH] From: Mike Cheponis <mac () wireless com> Date: June 12, 2007 5:13:46 PM PDT Subject: One of four U.S. jobs headed overseas Former Fed official: One of four U.S. jobs headed overseas"...an economics professor at Princeton University, told the House Science and Technology Committee that American jobs in science,
technology and engineering are most vulnerable to offshoring."<http://www.eetimes.com/news/latest/ showArticle.jhtml;jsessionid=RFO5U4C3GHTDIQSNDLSCKHA? articleID=199903533>
----I've been encouraging smart young folks who have an ounce of ability to COMPLETELY avoid the SCIENCES, TECHNOLOGY, and ENGINEERING sectors, as those jobs will be done by very cheap foreign labor. There is no point in competing with some guy in China who gets paid a bowl of rice and lives in a tent.
Go into INVESTMENT BANKING, LAWYERING, ENTERTAINMENT, SPORTS, FINANCIAL SERVICES or something that can't be offshored.
Forget about SCIENCE, ENGINEERING, and TECHNOLOGY - there isn't any future in those fields.
Begin forwarded message: From: dewayne () warpspeed com (Dewayne Hendricks) Date: June 13, 2007 11:01:17 AM EDT To: Dewayne-Net Technology List <xyzzy () warpspeed com> Subject: [Dewayne-Net] re: One of four U.S. jobs headed overseas [Note: This comment comes from reader Ken DiPietro. DLH] From: Ken DiPietro <ken.dipietro () advantaq com> Date: June 13, 2007 7:16:15 AM PDT To: Dewayne Hendricks <dewayne () warpspeed com> Subject: Re: [Dewayne-Net] One of four U.S. jobs headed overseas
Mike Cheponis wrote: Go into INVESTMENT BANKING, LAWYERING, ENTERTAINMENT, SPORTS, FINANCIAL SERVICES or something that can't be offshored.
Mike, With all due respect, the advice you are handing out is also severely flawed. Investment banking? Are you suggesting that someone who is well educated, has a proven track record of making money and can do proper marketing cannot become competitive from an overseas location? With respect to your advice as to entering the legal field, there are several law firms that hand their research and even their brief writing work to people located in India (among other places) who have been educated in some of the finest US legal institutions and are willing to do the work at their local professional wage level - which, contrary to your assertion, is not a bowl of rice. I can assure you that this will sooner rather than later drive the wages in the legal profession down - assuming we don't do it ourselves given the number of lawyers we are churning out of our universities. Add to the above statements, that entertainment is now an industry that can be delivered anywhere there is an excellent Internet connection (coincidentally, something that much of the United States is largely lacking in) Sports - well, certainly our children aren't competing on a world wide stage on that one (please note the sarcasm, or do you need me to present Chinese basketball starts as well as Japanese baseball players who are currently working in the US) and the idea of financial services being a long term, safe field, I would suggest you should go have a chat with an accountant that has a clue - perhaps they will share with you that they also send their work overseas and really only act as the salesperson for the company. Even medicine, something you might also think is safe, is being undermined as people travel everywhere from Mexico and Costa Rica to China for treatment. Heck, I used to live on the Canadian border and I can state without any uncertainty that everyone that lived in northern Vermont, that I knew, went to Canada for everything medical - as the local hospitals were nowhere near as professional nor were the costs as acceptable. I am sorry to be so snarky, but I would like to point out that every single field you mentioned is on the near term list, getting ready for extinction, as we now know it. We live in interesting times, we need to learn to deal with it. Respectfully, Ken DiPietro - VP/Sales NextGenCommuncation ------------------------------------------- Archives: http://v2.listbox.com/member/archive/247/=now RSS Feed: http://v2.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
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