Impact of offshore services on IT job prospects in the US

Stephanie Overby writing for CIO Magazine has some scary scenarios for the future of information technology in the US. Part of the problem is simply supply and demand:

India graduates 75,000 computer scientists each year. The United States, 52,900. China, which currently brings 50,000 new IT workers into the world every year, could eventually provide 200,000 computer science graduates annually, according to Marty McCaffrey, executive director of Software Outsourcing Research.

Read the whole article.