It is not as gloomy as you might think.
What may bail us out is something as simple as time zones. I have seen
foreign workers from India and China outperform those with (one presumes)
similar qualifications "back home" but "back home" is twelve hours "off" of
the US and a comparable amount "off" of Europe.
Maybe someone will figure out a way around that -- maybe everything will
simply move to India and China. But, for right now, US college grads (and
anyone else working on the US) is still competitive despite "much cheaper"
overseas wages for college grads. The extra headache of being in the wrong
time zone has all sorts of surprising bad effects and in many cases, the
difference in wages is dwarfed by the value created.
Larry WO7R
On Mon, Jul 11, 2016 at 10:39 AM, Mike & Becca Krzystyniak <k9mk@flash.net>
wrote:
> A number of years ago in a Corporate sponsored business class called "The
> World is Flat", we were told pretty much the same thing. The only
> difference is that it was not 1-2 generations out, but here now. I think
> the USA College grad numbers are about 20% of the adult population, sans
> the
> kids, do the math and I think the future you reference is here now.
>
> MK
>
>
> -----Original Message-----
> From: TowerTalk [mailto:towertalk-bounces@contesting.com] On Behalf Of Jim
> Thomson
> Sent: Monday, July 11, 2016 12:13 PM
> To: towertalk@contesting.com
> Subject: [TowerTalk] AES SK
>
> Date: Sun, 10 Jul 2016 23:27:58 -0400
> From: "Roger (K8RI) on TT" <K8RI-on-TowerTalk@tm.net>
> To: towertalk@contesting.com
> Subject: Re: [TowerTalk] AES SK
>
> A thought:
> I read that in another generation or two, India will have more people with
> 4
> year college degrees than the total US population. Can China be far behind?
> They have highly qualified people who WANT to work, while we have many
> college grads who want to tell their employers what they will do. I've
> seen
> a drastic change in new hire attitudes in my 50 plus years in industry
>
>
> 73
>
> Roger (K8RI)
>
> ## I ran into this young fellow the other day..working night shift at
> local
> 711. he was the only one in there that knows up from down. real bright.
> Turns out he is one of our Syrian refugees..that arrived here
> in town not too long ago. Turns out he has a masters degree in electrical
> engineering.....from a university
> in Jordan..plus a lot more education. Aged 25. he applies to all the
> cable companies, and also telcos, cell
> companies.. via their online hiring method. Then gets zero reply from all
> of em. he has zero work experience in
> any of his fields, just loads of education...and lotsa paper work +
> references to prove it. I said id help him out if I can
> as I still know the right folks in the industry. At least get the paper
> work to the right place. I have seen too much
> talent walk right out the door. too bad. he was willing to relocate
> anywhere..and work any hrs. All he really wanted was just an interview.
>
> ## all these 11,000 folks the local telco hired in the philipines....
> all
> have a min of 4 years university. They do everything
> from processing orders for various telcos... to fielding calls for visa
> /MC
> and amex. Huge call centers. A huge
> chunk of our engineering depts have now gone to india. Our engineers
> were
> really pissed off with that fiasco. They
> came here from india..and sit beside our engineers.... who show em step by
> step how to do the work, process an
> eng request for XXX etc. Then 6 months later, the same indian fellow is
> now doing their job. Local eng retires,
> and not replaced. But no way in hell can anybody here in NA even begin
> to
> compete with cheap ( highly educated)
> folks on the other side of the planet. gates was paying indian software
> types like $5K per year..which is a kings ransom
> over there. Philipinos make abt $15- 20 per day ..and none of em get any
> benefits..or very minimal.
>
> ## In india, they process one helluva lot of income tax forms for the IRS
> in the usa. that plus a lot of other stuff. Now
> state govts are farming out work to em. When the internet started.. we
> all predicted... electronic sweat shops in 20 years,
> and we were correct. You can now email the MRI / CT scan to some Dr
> in India..who will analyze it for u..then email back the
> results. U got no idea whats coming down the pipe in the next 2-5 years.
> Local telco is now installing fiber directly into all homes.
> The bandwidth is insane. 1500 gig bi directional on one strand is the
> norm these days..which is then shared by just 12 x customers.
> Homes get one strand..and business gets 3 strands. Each strand is divided
> into 12..via a prism into 12 channels. One channel
> per home...and 3 x channels for most business customers. banks and
> financial institutions, govt offices etc, get a lot more... +
> redundant strands. 4k video and high res mri /ct etc, is all geared up
> to process vast amounts of data.... on the other side of the planet.
>
> Jim VE7RF
>
>
>
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