Developing countries are (increasingly) competing on creativity as well as cost
economist.com
economist.com
That's only a temporary competitive advantage, though. (To say it's sustainable is racist, really.) And now, lo!, here are the signs it's ending. Surprise, surprise.
Innovation in the emerging world will encourage, rather than undermine, innovation in the rich world.
With this, they are trying to say, "But don't worry; this doesn't affect you." Ha! No, no, no. Developing countries are coming to eat your lunch, and I couldn't be happier about it. Bon apetit!