Outsourcing Evolving
Shree writes "An article at NYTimes suggests that the outsourcing mantra is shifting to reasons of hiring global talent, tapping new potential minds and amassing top global human resources. Its not just software companies trying to save a buck by outsourcing; now its about Berkely trying to hookup with Tsinghua University and institutes in India, and companies like IBM and Microsoft looking to setup R&D labs in Asia."
The outsourcing of economists' jobs. Suddenly we'll be hearing how it's a terrible thing and should be stopped.
I outsourced my work during college but still got a degree. Now I'm outsourcing my own job. I get an assignment, I send it to some really good engineer in Asia, I tell him to make a few mistakes, and I give it to my boss. No one notices. I give the engineer enough of my paycheck that it's a really good salary for his country, but I still get to keep much of mine. I get to do very little work and get paid, the engineer who does the work gets paid, my employer doesn't notice the difference.
Stupidity is like nuclear power, it can be used for good or evil. And you don't want to get any on you.