Monday, March 23, 2009

The judgement day

hey guys !!! :) :)
I'm just done with Hindi , all packed and disposed off with matie , :) i probably smile as much when I'm around my girlfriend, i look kind of sick though , but chuck that , ah ! not my girlfriend! i mean the topic of how sick i look when i smile too much .
So Hindi is done with , and i have science next , my conscience is practically screaming at me , go study science you oaf, i have no idea why i let my conscience get away by calling me a oaf ??

Right to the matter at the hands , Bhavesh told me today , not in the strictest confidence mind you , that he and a few other similar bright people ,( bloody light bulbs) not derogatory mates !
have got through in sstse , for those who don't understand the acronym , probably shouldn't read this , in fact , probably shouldn't read my blogs , for i fear you ll be lost , like i am among my books .

Congratulations guys !!! i mean it . I m not jealous or anything , okay , maybe a little , but then that is not the topic today , neither is it economics , (actually it is economics but not in its usual form ) .
So if your a teenager , you ll probably have an idea that every second person wants to be an engineer , and all those who want to become engineers , a majority of them want to get into IIT .
They join tuition's , work hard , they re bright , and probably would get in . They ll pass out also in one piece inshallah , but the what ?

Has anyone put the slightest thought into the fact , that the immense competition that exists to get into these colleges , i mean lakhs and lakhs of kids try , they'll all get into some engineering college or the other , but what is the point ????

Now you may have got the gist of what I'm trying to say , but then , I'm not saying don't be engineers , have a life , make your own choices , but am here to tell you about the the effect it may have on the economy .

A majority of my friends today want to become engineers , no they don't want to construct a magnificent building or make a new type of alloy , or create a revolution , all they want to do is become engineers !

Id like to ask people , do you have any idea what engineers do ?
some may , heck , i believe Indians are the smartest in the world (i mean intelligent) . But even here , most don't , right from the first day of their lives , their parents have been feeding them bournvita to the same amount as they tell them to be engineers , as a result , the mind focuses on being an engineer rather than finding out what an engineer does .

Well guys let me break it to you , engineers design stuff , they works as you may call it. They design stuff so that is works , that's what engineering means .

Now if we have a billion Indians by the end of the decade whose basic qualification is to design stuff , then we may have a bit of a problem .
Now the economics comes in , first the basics , economics can be summarised in two words , demand and supply and this can be used for everything , from money to engineers .

By the end of the decade , i don't see how there can be such a explosion of demand for engineers , it increased due to the software boom , but that's over (RIP) , such a revolution is unlikely at the best . Even if something like this does occur , it wont necessarily positively affect engineers .

So the demand is constant , but the supply , is explosive(face it , India produces more engineers than Europe and America put together) , so there you have a slump.

A slump will cause a shortage of jobs , so only the best , i.e creme de la creme will have something to do . That is a very small proportion , more the people , smaller the proportion , now what would you bonny lads do then ?
Whatever you may do , you ll be underpaid , that means basically the same as underemployment but except here you ll be employed , but wont get paid according to your qualification.

As a result , you ll only bring the economy down , reduction in the GDP(as your buying power would be less) as a result of the lowered GDP , the jobs available would be less, or those who have jobs would be paid even less, so basically it ll create a vicious circle . This would result the economy in crashing ! boom boom , and then other people will be left collecting the pieces .


This crash is because of the real estate , the last one because of the war , neither are likely to happen again , but since economy is cyclic , there will be a depression , for sure , most probably it'll be because of the engineers , then what Will you do ???

Don't think about me , I'm smart enough to find a way for myself , but think about yourself , for becoming an engineer doesn't make you god , it puts you at the bottom of the chain. Rething what youve thought and then well , i know i wont change your decision , but well , mark my words , there will be another depression and it will be because of the engineers