I have worked in the IT industry for close to 30 years now.
IT jobs used to pay really well. Management decided to cut the budget and hing end programmers like me got the ax and got downsized or fired to make way for cheaper labor sources.
Now I don't mind someone else of a different demographic getting my job, but they should be paid what I used to be paid.
If IT jobs are offshored to a different nation, they should be paid what I was paid.
If the IT job is given to a female or minority they should be paid what I was paid.
I don't really see why not? Most of what I did was automating tasks in business to make work easier on employees and management. All they have to do is fill out electronic forms and push buttons. The print out reports to make decisions on how to do things.
To be far this automation put a lot of people out of work, but also sped up the paperwork process.
We are now entering the age of the robot, where robots are advanced enough to do jobs and tasks that human beings can do, but for free and working 24/7. I feel that when more jobs are cut that the saved money should be used to pay employees more to make up for the fact that less employees are needed and stimulate the economy for all of the lost jobs.
Management wants more and more automation, because it saves money. What I wrote was basically software robots using business intelligence algorithms to do the work for the workers.
There used to be a time when a person made a living typing up memos and letters on a typewriter. A business would have 100 typers to type out copies of memos and letters for office use. Once the Word Processor was invented on the PC with the laser printer, one administrative assistant would type up a letter or memo and click it to be printed 100 times. Then later on email caught on and MS-Word documents attached to the email to save paper. So technology advances cost jobs but create new ones.
At the rate our economy destroys old jobs, it does not create new jobs fast enough, so to stimulate the economy people need to be paid more money.
It is because that a majority of people lost their good paying job and forced into a low paying job that we have bankruptcies and people spending less money in our economy. Bailing out the large corporations that cannot earn money from the now low paying population won't fix anything, we need to get more money in the hands of the low paying population so that they can spend more and stimulate the economy.
When big business eliminates jobs and hires cheaper labor, it destroys the economy and forces people into poverty. Sure they get higher profits, but they are short-term higher profits and thus the business has to look for more ways to save money.
The best way to save money is to have a good job cost analysis system to see where it costs more to support a product or service than the revenue it brings in. Then improve the quality of those products and services or cut out products and services that cannot be fixed and replace them with new and better ones. This is how Steve Jobs saved Apple Computers. It should work for almost any business.