[extropy-chat] India special: The next knowledge superpower

[Giu1i0 Pri5c0]

Very interesting article on the New Scientist on technical innovation
and the future of India.
THE first sign that something was up came about eight years back.
Stories began to appear in the international media suggesting that
India was "stealing" jobs from wealthy nations - not industrial jobs,
like those that had migrated to south-east Asia, but the white-collar
jobs of well-educated people. Today we know that the trickle of jobs
turned into a flood. India is now the back office of many banks, a
magnet for labour-intensive, often tedious programming, and the
customer services voice of everything from British Airways to
Microsoft.
In reality, the changes in India have been more profound than this
suggests. Over the past five years alone, more than 100 IT and
science-based firms have located R&D labs in India. These are not
drudge jobs: high-tech companies are coming to India to find
innovators whose ideas will take the world by storm. Their recruits
are young graduates, straight from India's universities and elite
technology institutes, or expats who are streaming back because they
see India as the place to be - better than Europe and the US. The
knowledge revolution has begun.
http://www.newscientist.com/special/india/mg18524876.800