Intel, HP chiefs warn that U.S. needs to improve research, education: "Craig Barrett, head of Santa Clara chipmaker Intel Corp., declared that the world had arrived at a rare "strategic inflection point" where nearly half its population -- living in China, India and Russia -- had been integrated into the global market economy, many of them highly educated workers "who can do just about any job in the world." "We're talking about 3 billion people," Barrett said, more than 10 times the U.S. population. "The U.S. has a very simple choice to make. We have to decide if we're going to be competitive with these markets." ..
Barrett insisted that Intel was "still making massive investments in the U.S.," but he noted that jobs at these new facilities require two years of college "just to walk in the door. The infrastructure and education requirements of those jobs is forever increasing."
[HP's] Fiorina warned the United States risked losing its lead in high-end products as well. "It's interesting to me that so many people talk about China or India or Russia as being a source of low-cost labor," Fiorina said. "Truthfully, over the long term, the greater threat is the source of well-educated labor. And if you look at the number of college-educated students that China graduates every year, it's close to 40 million. The law of large numbers is fairly compelling."
Fiorina and Barrett said the United States must make a strategic choice to increase its competitiveness before it wakes up one day and finds it's too late. They outlined a list of objectives, including a doubling of federal spending on basic research in U.S. universities. Barrett derided Washington's decision to spend as much as $40 billion a year on farm subsidies and just $5 billion on basic research in the physical sciences. "I have a real degree of difficulty with the fact that we are spending some five to eight times as much on the industry of the 19th century than we are on the industry of the 21st century," Barrett said.
The executives also urged a national broadband policy to allow more homes and businesses to quickly take advantage of high-speed data networks, much as Japan and Korea have done. They also called for dramatic improvements in K-12 education in the United States, saying schools act more to block budding math and science students than to foster them. "
Average programmer salaries were compared in the article as
- US: $60,000 - $80,000
- Canada: $28,174
- China: $8,952
- India: $5,880 - $11,000