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By contrast the company's Indian investment is largely in white-collar workers–software engineers who make a quarter of what they'd earn in Silicon Valley.
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Many Americans, be they apparel workers or software programmers, are facing more comptition from China and India.
Across all the companies, tech workers, like software engineers, tend to be disproportionately male, and either white or Asian.
How are the 36 kids whose three fathers I met going to have a chance in a world where not only are robots replacing manual blue-collar workers but software is increasingly replacing routine white-collar jobs — and where some of them can't go back to the family farm because the water and topsoil have been depleted?
At Milpitas, Calif.-based PalmOne, manager Natasha Humphries spent two weeks in India training workers in software testing then got laid off in August, replaced by one of her trainees.
Saiz proposes that employers who are having trouble finding educated workers, like software engineers, become more involved in immigration policy so that the debate is not dominated by the lower end of the income scale.
While his point may hold true in the short term, the world may still need to brace itself for a massive shift in jobs and wealth from menial workers to software or robots and the techies who build them.
Architects, engineers, construction workers, electricians, software technicians, project managers and others all need to roll up their sleeves and get to work designing and installing energy efficiency measures.
In 2004, NetSol opened a 50,000-square-foot technology campus in Lahore, Pakistan, where most of the company's information technology workers and software engineers are based.
Following the systemic job losses we've seen, not just over the past four years but a decade or two, entire industries have disappeared and those jobs, whether replaced by foreign workers, machines, software, or greater productivity per employee, are gone forever.
This year's class contains eight stock pickers whose day jobs range from airport worker to software developer, and 2005 returns range from 30% to over 80%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com