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Originally Posted by undergroundman
If history has taught us anything it's that we can't be complacent in strengthening our economic health. I'm sure there were plenty people in Detroit in the 60's who had the same confidence in their city's economic future as some of you today about Austin's future. Detroit's auto industry in the post New Deal era was booming as the country's road infrastructure continued to grow. Motown music was at it's peak. Nowadays you can buy a median home there for just $40k.
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Exactly right. Austin should not be complacent. I think that Detroit is an extreme example though.
Quote:
Originally Posted by undergroundman
Fact is outsourcing is a real threat to tech workers especially as India's tech companies and workers become more sophisticated in their development processes. It hasn't worked out for a lot of US companies in the past to outsource their development, but as the process is refined, Austin's economy could be left vulnerable as more and more work is sent overseas.
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India is mostly a threat to tech support and QA/testing roles. It is still very difficult to find quality developers/engineers though (most of the best ones are in the US already). They have a long way to go in that respect.
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