Journal twitter's Journal: Bill Gates: Offshoring Prevents Depression. 2
As financial systems around the wold implode (Europe, Japan, Australia/NZ), Bill Gates is displaying forsight not seen since "The Road Ahead" dismissed the Internet. There will be no global depression, thanks to offshoring:
"It looks like the economy may go down somewhat, but nothing like a big recession or a depression.
... The amount of innovation taking place, the amount of investment is actually greater today than ever," Gates said. "Because you not only have more American companies with more scientists and engineers and innovators, but now you have ... people from all over, including lots of people in India and China, now contributing to new drug design, new software design, new energy generation design."
Well, it is true that there will be no depression for the richest man in America. The rest of us, who have lost factory jobs to Chinese slave labor and white collar jobs to people abused on the H1B visa plan can take comfort in Gate's continued optimism. Perhaps strong IP laws will save us! Everyone's going to get a fair deal on their songs with 100 year copyrights or their inventions with business method patents, right, or will those things just benefit big publishers and people like Mr. Gates?
Progressiveness isn't everything (Score:2)
on the plus side (Score:2)
with all those laid off techies in California, there are a lot of people working on their resumes, and possibly considering doing 'open source' coding to put something on their resume to make them stand out. http://www.latimes.com/business/la-fi-caljobs20-2008sep20,0,7850441.story [latimes.com]
i mean, if you can't find a job because nobody is hiring, then the only thing you can do is try to polish your resume, and hope that some company finds they've got an employee making too much money for his skill level, and find som