[Seriously Off topic]! On Mon, Dec 27, 2010 at 8:09 AM, Vamsee Kanakala <[email protected]>wrote:
> I think this thread can be safely marked OT now, but it's still quite > interesting :). As for the medium-scale core engineering companies, I > think slowly, they too are reviving. I'm not an economist, nor I want to > sound too optimistic, but just want to point out the other aspect of the > so called evils of the "IT revolution". The middle class (real or not) > is demanding more hardware and buying up stuff - housing, cars, etc. > The irony is the fact that cars are still affordable because the salaries, compensations given to Auto sector employees / sub contractors / OEM suppliers are low (compared to IT). Increase this to IT norms and cars will become automatically much more expensive and will become unfordable to the middle class yet again. That's the reason why there has to be inclusive, sustainable growth (I have started to get a feeling that this is an oxymoron). This might not be possible at all because it is a vicious cycle we have ended up in. Growth of one sector should not be at the expense of the other. Luckily, we seem to have policy makers who are slightly sane - thanks to > the 120% percent duty on auto imports, we seem to have a reasonably good > domestic auto industry that's looking for all kinds of engineering, not > just IT. Yes, this is correct. But the import duties have been like this for decades. Growth in the auto sector has happened only in the last 15 years. It was a sustained effort by the state government of Tamil Nadu to get the auto majors in. This is awesome. However corrupt either of the two major parties are, they did something which created a revolution. Giving employment to hundreds of thousands. I don't really care about corruption if it leads to progress. > Hopefully, we can hope for better policy makers in the future, > who're not just looking to line their pockets. As an orthogonal point, I > would also like to point out the irony of lashing out at corruption in > politics, where in everyday life we are just as happy to break/bend the > rules for our own gain. > I agree. Corruption almost always works to our benefit. I don't understand why people get worked up when they look at major scams. It's very hypocritical. It's a matter of scale. A drive from my office to home in Chennai shows me that almost all road users violate all laws and have zero discipline and don't care about any etiquette on the road. From BMWs to TVS50s - people don't care to even stop for red signal. Politicians are after all the same people. > I think the real issue (like you pointed out) is not whether IT is > destroying a generation of intelligent youngsters who have varied > interests (who tend to be pushed into IT thanks to social pressures) - > but as a society, will we have the courage to look at ourselves and > point out the hypocrisy of chasing dollars above all else (and making > our kids do the same). I can only hope, the current generation of > disgruntled IT employee-parents will realise that more money didn't give > them real happiness they cared about, and will encourage their kids not > to make the same mistake. Perhaps, it has to get worse before it gets > better. That's my hope :). > Well said. I hope people realise this. regards, Arun _______________________________________________ ILUGC Mailing List: http://www.ae.iitm.ac.in/mailman/listinfo/ilugc
