While India is flourishing under the outsourced labor market scenario, the U.S. worker finds himself competing on an unfair playing field. It costs roughly $100,000 to produce a competent software engineer in the U.S. The average cost of producing a software engineer in India is roughly $20,000, with the Indian government picking up the tab in many cases.
Americans tend to differ over the best career advice to give high school students, with younger adults urging them to follow their dreams and older Americans telling them they should enter occupations in the fields of science, technology, engineering and math (STEM), according to a Pew Research Center survey conducted in May.
On the national level, software contributes $1.14 trillion to U.S. GDP and supports more than 10 million jobs. Software directly created 2.9 million jobs in 2016 – good-paying jobs covering everything from the obvious ones, like software developers and web designers, to the less obvious, like project coordinators, administrative assistants, and accountants.
The tech industry has been shifting jobs overseas for decades, and other big American companies like Oracle and Dell also employ a majority of their workers outside the United States. But IBM is unusual because it employs more people in a single foreign country than it does at home. The company's employment in India has nearly doubled since 2007, even as its work force in the United States has shrunk through waves of layoffs and buyouts.
We are in the midst of an unprecedented 4th Industrial Revolution that according to Klaus Schwab, founder and chairman of the World Economic Forum (WEF), “will affect the very essence of our human experience.” Powered by artificial intelligence, autonomous vehicles, robots and other breakthroughs, these changes will come at us at rates that made the Industrial Revolution look like a period of stability.
With millions of Americans looking for work, CareerBuilder is releasing new research that identifies seven major trends that have significantly influenced job creation over the last seven years (2010-2017). The study also highlights occupations that have benefitted from these trends and grown at an accelerated rate post-recession.
Results of the 2017 ASCE Salary Survey find that the median pre-tax income for civil engineers was $101,000 in 2016. Base salaries, meanwhile, have risen between 4 and 5 percent each year since 2014. “It’s an exciting time to be a civil engineer,” said Norma Jean Mattei, Ph.D., P.E., F.SEI, F.ASCE. “As professionals, we take pride in our work as the stewards of the nation’s infrastructure and value educational and technical advancement to continue as leaders.
"In the last 200 years, manufacturing (has brought) jobs. But today -- because of the artificial intelligence, because of the robots -- manufacturing is no longer the main engine of creating jobs," Ma said Wednesday in a speech at the Bloomberg Global Business Forum in New York City.
The big idea that has captured much of our collective imagination is that the robots are coming to take our jobs. Well, maybe not our jobs - as higher ed people seem convinced that no A.I. could ever do what they do. But everyone else's job. At every academic / educational technology conference that I attend we always end up talking about robots.
If you’re looking to beef up your developer teams, don’t discount talent from coding bootcamps. Many bootcamp graduates are eager to make a career change, get back into the workforce after a leave period or simply add to their existing coding skills. But how can you gauge the quality of the large array of bootcamps to ensure your talent has the coding chops to excel?