Outsourcing may die in five years but blind study predicts service jobs outsourced from the industrialized world to low-wage countries to surge to 4.1 million by 2008
Harish Baliga
Jul. 14, 2005

As India rejoices on the study, the actual saga of outsourcing is changing rapidly. According to a study, India will gain 4.1 million jobs from the West in terms of IT and call centers. But the real story is China and India will face massive unemployment and staggering inflation as Robot take control of factories and intelligent configurable new generation software replaces IT programmers.

Labour markets in developed economies are experiencing and will continue to experience the trend toward offshoring as a slow, evolutionary change," said the report by the McKinsey Global Institute, released at a Washington forum at the Institute for International Economics yesterday.

According to the outsourcing pundits something sinister is happening behind the scene in America that may make India and China totally redundant. Robotics is maturing and is ready to take control of factories. That takes care of Chinese and Indian cheap manufacturing. Intelligent software applications make programming software obsolete. That takes care of Indian IT boom. The web based online help and political backlash takes care of call center operations.

As India and China plan to oppose the Western nations in WTO meeting in China, the outsourcing scenario will change permanently. America is working hard to replace the cheap labor with automation. There is nothing cheaper than automation. China and India is just a transient situation. According to experts it is similar to when British ISO 9000 consultants sictated any amount of money in US during 1988-93. After 1993, Americans took control and British dominance in the field collapsed overnight.

Outsourcing may die in five years but blind study predicts service jobs outsourced from the industrialized world to low-wage countries to surge to 4.1 million by 2008
Harish Baliga
As India rejoices on the study, the actual saga of outsourcing...
READ MORE>>

C-COR solutions of America joins IT outsourcing bandwagon in Banglore, sets up operation, to double headcount
Babu Ghanta
India’s outsourcing boom continues with more America...
READ MORE>>

China eyes India for outsourcing manufacturing
Media Release
A large Chinese footwear manufacturer is exploring...
READ MORE>>

Wal-Mart assault: India may forced to open its protected retail sector, but Wal-Mart for the first time will face real communists in India
Balaji Reddy
China was a different ball game.
READ MORE>>

India and China oppose attempts by some developed countries to "divide" developing nations as WTO negotiations
Media Release
India and China have expressed concern over attempts by some...
READ MORE>>

MORE ARTICLES >>