Tech Brain Drain

Michael Kanellos provides a perspective on what the US can do on the outsourcing phenomenon: “In a sense, the software industry is going through what the hardware manufacturing industry experienced 15 years ago when PC and chip manufacturing migrated to Taiwan. First, Taiwan specialized in manufacturing basic products like circuit boards. Now it makes around half the world’s notebooks and designs many of them as well. Classic tech employees aren’t the only ones affected: Some media companies now use cheaper copy editors in India to produce the news.”

His recommendations for the US:

  • Educational system needs to be strengthened so that more high-school graduates will eventually be directed toward the most challenging fields.

  • Politicians and high-tech companies should reinvigorate the concept of the melting pot: Rather than discourage foreign students or workers coming here, the United States should court them.

  • Third, the United States should take stock of its inherent skills. Although universities overseas have been catching up with the United States in terms of minting graduates, the United States still has an edge when it comes to project management and marketing.

  • The last word: “Smart people are going to be born overseas. The best thing the United States can do is woo them.”

    New Products Questions

    Amy Wohl makes some very interesting points about technology, which we would do well to remember:

    New great changes are always about big changes in incremental value, as they are perceived by the BUYER, not by the seller.

    Whenever someone tells you what they’re showing you will change the world (and the fun is that a few things in your lifetime actually will and you just might spot them), you should ask these important questions:

    – For Whom – and How Many
    – When
    – At What Cost
    – How Will They Find Out

    If there are no good answers to these questions you probably aren’t looking at the next telephone or television or personal computer.

    These are good questions for all entrepreneurs to consider before launching their product/solution. Our ideas like the 5KPC (Rs 5,000 PC) have to be considered in this context.