For years, we've been pointing out that the worries about offshoring have been greatly overhyped. In fact, a new study points out that, despite popular opinion, offshoring isn't particular popular in the tech industry -- especially among companies doing serious innovation. It is more popular in the banking and insurance industries, to be sure, but the tech industry has learned that you don't outsource the actual innovation. That's because innovation isn't a commodity that goes to the cheapest workers. It requires the best workers. Of course, if our immigration policy continues to keep some of the most qualified workers in other countries, then we should expect more innovation to shift overseas as well. That's why it's never made much sense that the same folks who are against offshoring are often against increasing the number of H1-B and other visas for highly skilled foreigners. If you keep them out of the country, the work will only go to where they are. However, if the best innovators are here, then that's where the innovation will stay and there's less incentive to offshore work.
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