Comments on: Trading Places with Indian Outsourcers

By: Andrew

Andrew — Tue, 01 Feb 2011 05:41:58 +0000

Tim,

Outsourcing is an essential part of business now. US is outsourcing to india and India is also outsourcing some work to united states. Its a battle of cutting the cost, nothing else.

The living cost in united states is way higher than india. Bigger companies in states are outsourcing work to india at way cheaper costs and thus increasing the un-employment in United States. This trend is going to continue unless obama imposes something on the states. Outsourcing isn’t going to stop now!

By: Anoop

Anoop — Sun, 16 Jan 2011 02:41:51 +0000

I am an Indian who came to US for education and just got my first job Some thing I would like to note about the videos and comments above:

>> Its not true that its easier to find a job and life in India. Thinks are much easier here in US, there are more job opportunities available here. Most of the time the problem is that people who try for the job don’t have the expertise for the job or are not that flexible.

>> People are not taking education seriously(at least not enough people in technology). Dont get me wrong, the people are very talented and creative. But the jobs of the future is going to be more specialized and higher up in the value chain( especially with outsourcing and globalization). Dont expect to get employed just by knowing basic Math and English. I just dont get why some people think they are entitled to get a job just because they want to work.

>> Dont take India ( and China ) as a threat. The population of India is about 4 times that of US ( and china much more). Even if about 1/2 of the people of both countries have the same average standard of living as US, then you are talking about a market about 4 times present US economy. This is an opportunity for US as never before because at present American corporations are the most innovative and most competitive in the world.

>> Many of the thing shown in the video are just generalization and may not be completely true. Some of the thing are cultural. For example why are so many people living in a single house in video?? Coz joint family are a common norm there even if you are a dollar millionaire. Many of the things are true, though its fast changing. After all India is a developing country and has its own share of shortcomings.

Thanks for the video. Liked it.

By: Lao Tzu

Lao Tzu — Sat, 16 Oct 2010 08:01:07 +0000

Video no longer works. Do you have another source?

By: micklesmakemuckles

micklesmakemuckles — Fri, 29 Jan 2010 09:12:19 +0000

If you receive your web biz income in dollars and pay outsourcers in dollars in say India /China etc . What will happen to people who have their newly found 4HWW freedom in income aroung geoarbitrage if the dollars crashes tremendously in the immediate future as is being forecast in books such as Crash Proof 2.0 ?

By: Tony M

Tony M — Thu, 14 Jan 2010 07:11:48 +0000

I think its time to outsource my life. I already am mildly into outsourcing, because I value my time. I have my son who I want to be with as much as possible.

We can never get back our time.