Word: bonanzas
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...date, the bonanza for India has come from the equivalent of the Internet's boiler room--writing code and other labor-intensive work. But that's Big Business in its own right, employing more than 50,000 people and expected to provide more than a million jobs by 2008. Indian software exports have grown from $50 million in 1993 to $6.3 billion this year. Ramalinga Raju, billionaire chairman of Satyam Computer Services, says those opportunities could eventually give India 5% of the worldwide opportunities in IT and create up to 50 million jobs in the next two decades...
...date, the bonanza for India has come from the equivalent of the Internet's boiler room--writing code and other labor-intensive work. But that's Big Business in its own right, employing more than 50,000 people and expected to provide more than a million jobs by 2008. Indian software exports have grown from $50 million in 1993 to $6.3 billion this year. Ramalinga Raju, billionaire chairman of Satyam Computer Services, says those opportunities could eventually give India 5% of the worldwide opportunities in IT and create up to 50 million jobs in the next two decades...
...Software is only the more prominent half of India's IT bonanza. A glimpse of the other big new line of business can be found at Selectronic, a three-year-old New Delhi company where young Indian workers are paid to watch American TV programs like ER and Chicago Hope as part of their job training. Selectronic also hires stenographers to transcribe medical records for doctors in California, Georgia and Pennsylvania. Without the Internet, that vast distance was unbridgeable; with the Net in place, a whole range of labor-intensive work--or "IT-enabled services"--can be done anywhere...
...there would be no end-run around a student union. If students could maintain their solidarity, firms would have no recourse but to recognize the union if they wanted to recruit from its membership. And for the first few firms that signed on, it would be a public relations bonanza to have exclusive access to the "best" graduating seniors in the nation...
Here is CBS, reaping a summer-ratings bonanza with Survivor (and lesser returns with Big Brother). ABC, which doesn't need much help since it began airing Who Wants to Be a Millionaire 24 hours a day last August, had a quasi-documentary series called Making the Band this spring. But NBC does not have a single example of that oxymoron "reality TV" on the air. Nothing to try out this summer. Nothing for the fall, either. The peacock network is momentarily without feathers--and so desperate that it seems ready to import Chains of Love, a "funny" bondage...