"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."
Friday, 13 November 2009
Remember Y2K?
Farhad Manjoo at Slate does and so do I. Take a read of his interesting article, this passage might get you thinking:
Labels:
Geeky,
Outsourcing,
Y2K
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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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