10% unemployment but H1B visas accelerating
- Thread starter noob_trad3r
- Start date
Nothing. Absolutely nothing. And there's nothing to stop Indians from IP theft if, as another poster suggests, companies move the last of their in-house enterprise computing, to outsourced providers, under the guise of 'cloud' computing.
"Clouds" might work for small businesses who have relatively cookie-cutter operations. But even then, only dumb small business owners would buy into such a lock-in.
Get a government job.
Put it this way: American smarties choose finance, law etc... (MBAs) to make big bucks and research is done by those H1Bs. You won't believe the ratio of H1Bs in PhD students and post-doctorals in US. You should be thankful to those guys who make America the land of innovation and new ideas.
You must be a believer of Greenspan, read what he says about H1Bs.
I don't agree, CS is not dead it has just become like any other "elite" discipline, like Architecture, Medicine, etc... All those disciplines have cycles: good ones and bad ones, and we are at the beginning of a good cycle for CS or the end of a bad cycle. Look at media arts, security and data mining, the demand there is still hot.
What happened to CS is the same thing that happened to mechanical engineering at the end of the 19th century, but it still there.
You can no longer go through a three months training, learn java and make 100k.
Maybe, but the HOURLY RATES for both professions is still extremely high.
This is VERY UNLIKE the IT Profession where salaries and labor rates are about 1/3 of where they stood 10 years ago. Look at these pathetic rates...one could make more painting houses:
http://www.roberthalftechnology.com...acheTok=com.vignette.cachetoken#/show-results
Looks like nurses are next:
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Nursing crisis looms as baby boomers age
http://money.cnn.com/2009/12/17/news/economy/nursing_shortage/index.htm
"Barry Pactor, international director of global healthcare for consulting company HCL International, agrees that more nurses should be trained within the U.S. system. But as a short term solution for this "huge shortage," he said the U.S. government should loosen immigration restrictions on foreign health care workers."
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Nursing crisis looms as baby boomers age
http://money.cnn.com/2009/12/17/news/economy/nursing_shortage/index.htm
"Barry Pactor, international director of global healthcare for consulting company HCL International, agrees that more nurses should be trained within the U.S. system. But as a short term solution for this "huge shortage," he said the U.S. government should loosen immigration restrictions on foreign health care workers."
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cloud computing has the potential for the biggest disaster ever
yes, there is no hard and fast rule that is absolute, cloud computing might make sense for a small 'start up' type company that doesnt want to make the capital outlay to get started - but even here it will make sense to 'reel in' the physical custody of the IT resources if the venture suceeds and matures
but for mature companies with established IT, it's completely insane. If you have custody of customer data and your move it into a 'cloud', and it's lost or stolen YOU'RE STILL LIABLE!!!!! And I dont think you will be able to declare 'Force Majeure' on your contractural obligations. If you outsource your operations in 'cloud' computing to a place that is not fiscally solvent (like Indian outsourcer Satyam earlier this year), you may never get your data back, and your operations can be shut down. Satyam had accounting fraud - how could you have possibly understood the true financial position of the co?
Obama's new Indian CIO (& recovering JCPenny shirt thief) left a complete disaster at his Washington DC IT shop, completel with FBI investigations of fraud and data msuse at every level
And we're going to trust him to send the citizen's data to his home country India?