One of four U.S. jobs headed overseas 1 and comment on

[David Farber <dave () farber net>]

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




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