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OPEC: Organization of Programming and Engineering Countries

I am reading this NY Times article about Japan's “rikei banare” or it's youth's "flight from science". In the US, we called it "MBA disease" as more students opted for banking, legal and consulting careers. This combined with Japan's low birth rate is going to force it to rely much more on Chinese, Indian, Vietnamese engineering and computer science talent.

Even though it is one of the largest industrial nations, Japan has historically been a relatively closed economy when it comes to foreign labor - traditional wariness of the "gaijin". Clearly that is changing.

So are many European countries who have similarly low birth rates. They will be competing for the same global technical talent the US today has had much easier access to. But in our current mood against immigration and foreign trade we are slowly losing - even mocking - that competitive advantage.

Can you foresee a scenario like we face with oil today - too many countries chasing after pools of resources thousands of miles away?

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