Communications of the ACM
High-Tech Jobs Next Phase of Outsourcing?
In a futuristic lab on a leafy information-technology campus in Bangalore, India, an inventor showed off a power strip that calculates a household's carbon emissions for the environmentally conscious U.S. market. In a research center nearby, rocket scientists worked on designs for lighter, more aerodynamic wings for Boeing fighter jets.
The engineers at Infosys Technologies, India's second-largest technology company, are at the cutting edge of the country's $60 billion IT industry, which is quickly shedding its image as a low-cost call center, with young Indians keeping U.S. credit-card and banking systems humming all night.
In the latest phase of globalization, some economists say, Silicon Valley is in danger of losing a sizable piece of its knowledge-based industry to India in much the same way Detroit lost its lead to Japan in the automotive industry.
From The Seattle Times
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