My predictions aren't really for China or India, but for the American market.
China and India will outpace the US high tech market, because they don't have the GOP and Reaganomics sabotaging their infrastructure and education. But unless you like the idea of moving to Bangalore, or working for Bangalore wages and benefits while trying to live here, I wouldn't say that it's a good thing.
I sadly concur with most of your predictions. I look at global warming with mingled feelings though. Since the alternative is glaciation - as the overdue next ice age begins and this interstadial ends - and said glaciation would result in the planet being unable to sustain more than 1 billion humans [assuming that warfare does not further drop the population/harm the environment] - global warming and more active weather systems look attractive in comparison.
As I understand it, we will. Something about the polar icecaps melting away changing the albedo or the temp of the oceans, and I know the ocean currents are changing; the Gulf Stream is about done for, which is going to make both Iceland and the UK a lot colder. Also the planet is shifting its poles, I hear, and that will make some current farming areas dramatically colder very suddenly.
Sorry to add to the gloom, hopefully I heard/understood some of it wrong.
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I think that high tech, as a whole, will grow... but I also think that the U.S. won't necessarily be where it grows.
Remember that many high-tech jobs can be done anywhere in the world -- especially if the job can be done over the Internet.
High tech grows where the best education is... and though the U.S. is doing well with higher education, it's not the only one.
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China and India will outpace the US high tech market, because they don't have the GOP and Reaganomics sabotaging their infrastructure and education. But unless you like the idea of moving to Bangalore, or working for Bangalore wages and benefits while trying to live here, I wouldn't say that it's a good thing.
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Sorry to add to the gloom, hopefully I heard/understood some of it wrong.
M
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I think this is an incredibly optimistic forecast, TBH. Sad, isn't it?
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The older I get, the more pessimistic I become. :p
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