I've been meaning to ask CRC his experience in .fi
It seems like every well compensated highly skilled occupation is at risk from competition from places like India. Their population is so huge and their cost of labor so low, that there will be an excess of trained people for a long time to come. Some will emigrate, some will work for companies in their homelands that will compete with US companies for the same work. Since communications is so easy now, it'll put direct pressure on US wages and company profit margins.
It's another indication that if you want to get rich you are most likely to do it in Sales. But even that is being impacted by the Internet (e.g., some claim that Realtors are an endangered species). And there's always that competition from that company down the street... (Sales, or having your own company - as opposed to drawing a salary somewhere.)
How are our European and Australian friends coping with these pressures from skilled people in developing countries?
Cheers,
Scott.
