Steve Lohr of The New York Times summarizes a lengthy report issued by the Association for Computing Machinery (ACM) on offshoring.
The report (executive summary here) by a task force from around the world does not break too much new ground. But it validates that the noise about offshoring job loss is exaggerated as I wrote here and that the West needs to keep moving up the value chain.
"The global competition has gotten tougher and we have to run faster," said Moshe Y. Vardi, co-chair of the study group and a computer scientist at Rice University. "But the notion that information technology jobs are disappearing is just nonsense. The data don't bear that out."
The ACM task force was mostly made up of academics. The general consensus is they are hostile to President Bush. Compare the summary points from the report to those from his recent State of the Union speech. Cut from the same cloth.