Wednesday, August 5, 2009

Lets try to see the current trend from other angle!!!!!!!!!

Pals,

I want to utilize this portal to share my thoughts and opinions about the current trend.

Information Technology alias IT, the word which changed the life style of almost all the educated Indians over a decade. The same word is also known to even rural people because of the change it brought into the country's economy. I feel very proud when i remember that I am also a techie and contributing to growth of my country's economy.

But as per the current situation, i feel like its time to rethink. Many people say IT has faced same kind of situation when the twin towers collapsed. But if we look into more granular details, the current situation is completely different. As in the former is because of the fear in the investors mind but the latter is purely because of hype generated.

Because of the hype created, the outgoing engineers count is drastically increased, but can we assure jobs for them ?

Because of the hype created, the colleges count is also drastically increased, what happens to those colleges and engineers and most importantly the investment/capital if it does not reach the HYPE !!!!!!!!!!!!!!!!

People come up saying we should have trust / belief / and blah blah blahhhhhh but it is proved that all these wont work out in business environment.

Finally my question is whether people be able to adapt to the earlier conditions when a 25 year old youth used to earn a maximum of 10k per month and very well know how to manage his expenses AND NOW ???

I knew i will get lot of firing responses!!!!!!!!!!!!!!!

Balu waiting for those :-)

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