06 October, 2004

ET: Gates too casual about outsourcing:
"Gates was too casual about the outsourcing issue as he said, 'It is not like a war where you have one winner and one loser. China and India are the big change engines for the years ahead, and we should embrace that and understand our new role in that'.

So what do we get to assume from his statements? Well, as the Microsoft man himself puts it across, jobs will continue to move overseas and salaries for computer engineers will fall as a result of great competition with countries offering cheap, yet skilled labour.
The US will have to compete with China and India on merit and not through protectionism."

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