Wednesday, February 07, 2007

 

Top gun says Indian, Chinese engineers threaten high-tech - Haaretz - Israel News

Top gun says Indian, Chinese engineers threaten high-tech - Haaretz - Israel News: "'We cannot wait,' said Agassi. 'If we wait, bad things will happen. Millions of new engineers in India and China threaten Israeli high-tech. Israel has to wake up. The Chinese and Indian wave could engulf us. We won't even feel it. One day, we just won't exist.'

Agassi, 38, once named by Time Magazine as one of the world's 100 most influential people, warned Israel is making a terrible mistake in failing to prepare itself for the high-tech awakening in the East.

'Israel produces 8,000 engineers each year. By comparison, China produces 1.5 million engineers annually. The venture capital industry supplies 20,000 salaries, but Israel puts out only 8,000 engineers. We are coming to a halt,' said Agassi. 'Israel should enable import of Indian and Chinese engineers to the local high-tech industry. After staying here for a few years, they will go back, and in five or 10 years, they will enable Israeli companies to break into India and China'. "

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