Posted on 09/20/2017 3:09:34 AM PDT by Cronos
The country is missing out on its “demographic dividend”
........ According to McKinsey, a consulting firm, machines could eliminate some 52% of India’s jobs if current technology were adopted across the board. This affects not only manufacturing. For the first time in nearly a decade, India’s high-flying IT industry this year laid off thousands of workers. A survey of private-sector workers by the Economic Times, an Indian daily, found 62% agreeing that their job prospects were shrinking.
......According to the World Bank, over 30% of Indians between the ages of 15 and 29 are NEETs, “not in education, employment or training”.
.........Successive Indian governments have tried to tackle the dearth of employment. One massive state program, the world’s largest, doles out millions of temporary make-work jobs in rural areas. The current government has also tried to boost skills. Last year its National Skill Development Corporation trained some 557,000 workers. By its own count, however, only 12% of these trainees found jobs.
India's factories tend be more capital-intensive than those of their counterparts in China. For example, at a sprawling site outside the southern city of Chennai run by Hyundai, a South Korean firm, some 8,500 workers toil alongside 530 robots. The fully digitised facility turned out 661,000 cars last year, one every 72 seconds. It ranks second in productivity and quality among the firm’s 34 factories around the world; its engine plant is number one.
(Excerpt) Read more at economist.com ...
72 seconds to make a car, 10 years to pay it off.
New jobs will be created. Humans are not worthless, despite liberal feelings on the subject.
The op is talking about computer “Indians”, not casino “Indians”. Of course the British oppressed the computer “Indians. ;-)
Hmmm I didnt know there was a Hyundai plant in Chennai... i will have to check it out next time...
That's not the impression I have had of most Indians I have met in the US, most of whom seem pretty smart -- but that might have something to do with the problem.
Different terms to make distinctions:
“Red dot” vs. “feather”
“Casino” vs. “call center”
“Geronimo” vs “Raj”
They are willing to work for .20$ on the dollar in America and US companies can’t import these below average automatons fast enough on HB1 visas.
I’ve worked with Indians across the globe. Some are very bright. Once you hire one to a management position, they will never hire a non Indian again.
Many times, their arrogance is only matched by their laziness. Banks in Asia like HSBC and Standard Chartered and even American banks like BA have problematic Indian “mafias”.
went from...
feather vs dotcasino vs call center
>>hat’s not the impression I have had of most Indians I have met in the US, most of whom seem pretty smart — but that might have something to do with the problem.<<
You only meet the upper caste.
The problem I have found with Indian coders is their culture screws up their intelligence. For example, they slavishly follow the chain of command and require specifications so detailed it is frequently faster to do the coding yourself.
They also don’t think about the future, For example if they are asked to make 3 versions of a report, they will copy the original program 3 times and work on each copy instead of just making the variations a run option. So if there is a bug in the original program it has to be fixed in 4 places.
That kind of thing.
And their “English” is usually so bad I insist on using IM since I get tired of repeating “can you say that again?” 20 times per call.
I was hoping the sudden rise in unemployment among Indian programmers was because people who know what they’re doing started to review the Indians’ work. Oh well.
u need to reverse “Red dot” vs. “feather”
What about selling cigars...?
India is toxic waste dump. Clean-up work alone could employ tens of millions.
They can start in by cleaning the sh*t and carcasses out of the streets running in front of their "high tech" centers. India land of filth.
I know what you mean! I just heard that someone has domesticated the horse and I will soon be out of work!
Woe is me!
Sounds like a repeat of the Industrial Revolution.
VERY nice map. Thanks. There’s a tiny green dot for Israel.
In the region I lived in, most construction work including roadbuilding was still being done by manual labor. Heavy equipment was only rarely used, and only for very large projects. Just going to a more modern construction methodology is going to put huge numbers of laborers out of work. Ditto for farming.
I would second the upthread post about sending out massive cleanup crews to deal with the incredible amount of free-range trash and garbage, as well as environmental pollution. I’d augment that effort by revolutionizing the city/housing model in India by building arcologies i.e. a giant structure that is a fully self-contained city. The construction of such structures would employ huge numbers of people; not just laborers, but engineers, electricians, plumbers, etc etc. Once done, the vast swathes of the poor can be moved into their own apartments with actual plumbing (and a preliminary education course on how the apartment works). That would free up large areas of land for cleaning and rehabilitation. Wealthier residents can buy larger sections of the residential area of the structure providing additional subsidy to the poverty apartments.
All that in turn gets cars off the road, centralizes polluters so the pollution stream is easier to clean, frees up land for more efficient farming, and gets the poor/undereducated into a controlled environment where it’s easier to help them. The controlled environment would make it easier to control crime.
computer “Indians”, not casino “Indians”
In Oklahoma, identifying Indians is like ordering a burrito at Taco Bell. You have to specify “red or green”.
I may get banned for this comment, but that’s the way it is.....red
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