- #71
twofish-quant
- 6,821
- 20
czelaya said:Companies are downsizing, and jobs are being shipped outside the US. So job prospects, overall, are not well in these fields.
One thing that's good about a Ph.D. is that it will get you at the head of a queue if you want to switch countries. This works if you want to get into the US, but it also works if you want to get out.
Something else that is happening is the decline of relative US power. If you have a committee full of Americans, you can appeal to patriotism to keep jobs in the US. If it turns out that the people who are running the company aren't American, then appeals to American patriotism aren't going to work, and increasingly the people that make decisions about where the jobs are, aren't American.
I've seen this dynamic in multi-national companies. If you want to make a decision as to whether to move a plant from the US to India, then it's going to *have* to be based on economic decisions rather than on nationalism, because appeals to "keep jobs in America" won't appeal to the Indians involved in making the decision.