Our recent discussions about outsourcing and off shoring have left me wondering about the future of the job market and what it will mean in the next 10 years. Although higher level management benefits from cheaper labor rates and tax breaks overseas, things do not look as good for the average American workers that are losing their jobs everyday to India and China. I came across article after article describing the dangerous direction that this country is headed. It makes me wonder, Is there any hope? Does anyone think that this will turn around? Or is India going to be outsourcing their call centers to us in 10 years and we will be forced to take on pseudo names of Sanji and Shikha. Or will things level out across the board?
I came across this clip from Patrick Dixon that eased my fears a little bit. He has an interesting take on what will happen with the future of outsourcing. He believes that wage increases and inflation overseas are going to rise so much that the profit margin of outsourcing will not make sense for a lot of companies. He says that some (not all) jobs will come back to the US, Europe, and Australia. He mentions that outsourcing will always exist. But there is hope. Check it out.
A friend of mine also showed me this funny clip from The Onion. For those of you who don’t know, The Onion is fake/satirical newspaper and website. They do hilarious made up stories. Here is a funny exaggeration that they did about outsourcing.
No comments:
Post a Comment