A term that basically describes the many loss of IT jobs.
Back in the good ol' days, manpower was required to get work done. These days, you just need a bunch of Indians (From India) who follow a scripted business model, and offer, or at least what they consider, a "service".
The large volume of third-world competition has not only decimated industry-level wages by about 40%, but has also eliminated thousands of previously existing jobs.
Simply put, if you are considering a career in IT, stay away! All of us who are now in IT are wishing we had chosen a different career path as we do not know if there will be a career for us in the long-term.
Back in the good ol' days, manpower was required to get work done. These days, you just need a bunch of Indians (From India) who follow a scripted business model, and offer, or at least what they consider, a "service".
The large volume of third-world competition has not only decimated industry-level wages by about 40%, but has also eliminated thousands of previously existing jobs.
Simply put, if you are considering a career in IT, stay away! All of us who are now in IT are wishing we had chosen a different career path as we do not know if there will be a career for us in the long-term.
2008 (new student intake class) - professor speaking: "There are MANY jobs in IT! You will all start at over $60,000 per year! STARTING! You kids were smart to make this choice!
2011 (graduates) - outcome: Average starting wages fell to around 35-40k per year.
"Gee golly, sir, I sure do love being taken advantage of by my employer due to the shitty economic climate!"
Another example:
A student looks for a job, only to discover that all "junior" entry-level positions, require 3-5 years of industry-level experience. Life is so not fair sometimes.
A dude gets rejected after his 4th interview for requesting a livable wage:
"cloud computing can kiss my ass!"
2011 (graduates) - outcome: Average starting wages fell to around 35-40k per year.
"Gee golly, sir, I sure do love being taken advantage of by my employer due to the shitty economic climate!"
Another example:
A student looks for a job, only to discover that all "junior" entry-level positions, require 3-5 years of industry-level experience. Life is so not fair sometimes.
A dude gets rejected after his 4th interview for requesting a livable wage:
"cloud computing can kiss my ass!"
by bluemuffin March 05, 2012
Nothing special, only good for text. The best way of storing data out of the way from your personal computer, but a very bad idea and very expensive since computers these days aren't just tools. They are personal datacenters for music, video, etc. and Cloud Computing is only good for low quality media and basic text which computers have been doing that since the 1980's. Everybody says its great because it is secure and stored away from you and I agree, but really. Its not.
Music producers and Multimedia experts will face nothing but disappointment when using cloud computing. If you write stories and just want to save your stories away from your computer and access them from anywhere, then its fine, but really. Having your stuff on the internet, encrypted with a password doesn't mean security can be broken. It can.
by judenihal January 25, 2010