The other part of outsourcing is this: it simply says where the work can be done outside better than it can be done inside, we should do it.
Sentiment: NEGATIVE
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
Outsourcing is inevitable, and I don't think it's necessarily treating people like things.
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.
If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.
Outsourcing was the bogeyman of the '90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.
Will the industry outsource more? I think it depends on the client base.
And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.
Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nation's economy and not an exploitative one.
I've decided to take advantage of outsourcing. My next novel will be written by a couple of guys in Bangalore, India.
The important thing about outsourcing or global sourcing is that it becomes a very powerful tool to leverage talent, improve productivity and reduce work cycles.