It’s pretty much a staple of Econ Development 101 that all economies start with crap jobs and that, overtime, competition for workers grows, productivity grows, and thus salaries grow. The amazing thing about India is how quickly we’re seeing it work right before our eyes –
Young people say it is no longer worthwhile going through sleepless nights serving customers halfway around the world. They have better job opportunities in other fields.
…As recently as four years back, the choice was pretty clear,” Karnik said. “Either you got a high paying, good job at a call center or no job at all. Today, not only are there other options, but they are pretty close to the call centers [in terms of salaries].”
“Earlier it was considered cool to work at a call center,” said Nishant Thakur, 19, after the group had dispersed. “That died out quite quickly.” Added Thakur’s friend, Vishal Lathwal, 19, “If you work at a call center today people will think you don’t have anything else to do or were a bad student.”
From wired to tired in 4 years…. wild stuff.