Andy Grove Speaks out on Offshore Outsourcing

molarmass192 writes "Andy Grove, of Intel fame, "spoke out" at a recent technology summit in Washington about the current trend towards offshore outsourcing and how it's causing the US to slowly but surely lose its edge in the tech sector. He states plainly that the US government must step in to restore balance between the need for profits and the lure of offshore outsourcing. There are also pokes at the patent system and slow adoption of broadband internet access. An interesting insight into what's going on inside the heads of the US's tech leaders."

Comments

Global worker rights

[seriv]

I think the only solution to stopping offshore outsourceing is global worker rights. Profits should be second to workers.
-seriv

Interesting

[CooCooCaChoo]

People want lower prices, better pay and competition. Now these same people complain when they lose their job.

disingenuous

[Wansu]

Intel has been one of the worst offenders. Have a look at http://www.faceintel.com/

I can't out-compete people for 1/10 my wages

[cats-paw]

If I hear another stupid fucking comment about how I have to innovate and work smarter to out-perform my Indian and Chinese counterparts I'm going to scream.

It's not about being innovative. It's about being cheap.

I can't compete with 3 people who are just as smart as I am and work for 1/10 my wages. And I'm not so fucking arrogant as to think that I am in the top .001% of the world's population in IQ.

So I guess that means I should just work at the Gap for a living right (if I'm lucky) ?

The only answer is a rebalancing of the capital flow. The standard of living in this country country will fall, and it will fall, while it goes up in other countries.

That's fine with me. A higher standard of living for those in less developed countries is a good thing (there is an environmental cost but that's a nother discussion).

What I object to is MY government helping the process along by the ridiculous visa system, and by providing incentives for companies to move overseas. I also seriously object to the fucking hypocritical CEO's (like CRAIG BARRET OF INTEL AND TJ ROGERS OF CYPRESS) claiming they can't find the right people when really what they mean is they can't find the right people and pay them what they want.

Everybody loves capitalism until it works against them.

Let them send my job overseas, just don't use MY fucking tax dollars to help them.

The dipsticks who claim they're just going to out-compete the millions of educated people in other countries obviously have secure jobs.

There is no such things as free trade.

Think about it.

Re:What if China stops exporting to the U.S. ?

[michael_cain]

What will the US do if China decides to stop exporting to the US?

What will China do if the US decides to stop importing from China? While China currently runs a large trade surplus with the US (OTOO $100B per year, I believe), they do not run a trade surplus with the world as a whole. IIW, they are spending those dollars on goods and services, they're just not buying them from the US. What happens to their growing economy if the US quits funding the expansion? Think in terms of serious economic crash...

Re:This from Intel?

[Anonymous Coward]

Actually, the Intel fabs are in Oregon, Arizona, Colorado, and Massachusetts... and Ireland and Israel. No fabs in Asia (only "assembly/test" sites). But only about a third of revenue comes from the U.S. More revenue comes from Asia than any other region... but the vast majority of the employees are in the U.S.

Re:I'm unemployed and I disagree with Grove

[ozzee]

if you dont work there, how do you know?

An important customer of theirs called me yesterday and talked about it. They are so dead.