Originally posted by rahul rege:
I think this will be true for every country then..
"'Programming skills will become commodities over time"Keane.
It has already become the commodity.
Not really. The idea is that all software (developers) is (are) the same. In that case you hire the cheapest. Hence the lowest technologically capable country gets market share. If Inida has a big boom in the economy (and in this case I mean really big boom to move 750,000,000 people into significantly better economic conditions), salaries will go up and jobs will move to a new location.
Of course, we know that software isn't a total commodity. It's a commodity much in the way startup companies are, or R&D. In both those cases, you can't know what will work or what won't, so you select a portfolio and know that 2% will hit with big returns. Buying lots of cheap engineers, you know they won't do as well as strong engineering who cost more. But the economics of it are such that even with the bug fixes, rewrites, and upgrades, it is still more profitable for some types of software to do it overseas.
--Mark