"After Y2K was over, American companies retained their taste for Indian programmers. "Outsourcing kept increasing well after the Y2K problem became a thing of the past," Mitra and Ranjan write. In this way, Y2K has parallels to the oil shortages of the 1970s, which helped popularize Japanese cars—a classic example of a temporary economic shock that produces a permanent change. Mitra and Ranjan, like many economists, are in favor of outsourcing and see Y2K as increasing the net benefit to American firms; people wary of the rise of the Indian IT industry (like many American programmers who are understandably worried about their job security) might feel otherwise."
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2 comments:
I certainly remember it, being partly responsible for seeing the company I worked for through it. There were a couple of issues, but largely it was the damp squib expected.
It's shocking to think it was a decade ago!
I do recall that; but just ignored it as I was no longer employed to look after "Wintel" computers and their users.
Here at "Chateau John" I of course had only British RISC OS computers (more-or-less as now) and there won't be an issue with them for well over a century yet…
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