USA dominance in High Tech and Sciences requires cheap workers

[tipirneni]

Indian IT companies have immensely contributed in the economic growth of USA.
India-based global IT services companies continue to grow as they invest billions of dollars and create jobs across the US.


Moving jobs offshore will remain an attractive option in the U.S. and other developed markets. There are advantages in wages, new markets, new education markets etc.. that far outweigh few thousands of jobs lost.

So says Everest Group and the reason is simply demographic: an expanding supply of cheap labor, especially from India, that could last until 2040 and possibly 2050, Everest says. For India, however, the demand for digital services over other traditional services -- think building an app versus answering a phone -- is making for a painful transition.


As Benjamin Franklin, one of the founding fathers of the United States said, “By failing to prepare, you are preparing to fail.”

“There is no doubt that India is still a a highly attractive and viable option for low-cost labor...and it will likely remain so for another three decades,” Michel Janssen, Chief Researcher at Everest, said. They now think India remains a hub for low cost tech talent way out into the 2040s!

[tipirneni]

The development of the Indian software industry is an archetype of how economic liberalization combined with an entrepreneurial spirit can build an industry. On the back of thousands of IT services companies that were built over the last three decades, the industry has generated US$177 billion in revenue and more than US$135 billion in exports in FY 2018–2019 alone. The IT industry has also created over four million direct jobs and 12 million indirect jobs in India. A testament to this growth is the fact that the largest Indian IT services company is currently valued at over US$100 billion and generates over US$20 billion in revenue.

Cost optimization and quality. India's high quality and relatively lower cost engineering, IT, and BPM talent has helped corporations gain huge cost savings that have allowed them to increase their shareholder returns and invest in growth and transformational initiatives. Assuming a cost difference of over 50% between developed locations and India, the Indian IT industry has helped global enterprises save over US$500 billion in the last five years alone. Indian cheap labour has contributed immensely towards USA technological dominance and corporate growth.

[tipirneni]

Big user base in India is ready market for US high tech companies

-> 687 Million active Internet users

[renaissance12]

Develop software is not really high technology...

[JamesBond007]

Develop software is not really high technology...

Not only that but there are elite rock star coders and then there are regular lackluster coders and these third world Indians are more likely to fall into the latter category.

[Root]

a lower price means cheaper quality.. imagine, an unskilled bollywood employee code writer creates a program contains lots of bugs that other people can use