Light Reading

W Does Cisco

Craig Matsumoto
News Analysis
Craig Matsumoto
4/21/2006
50%
50%

SAN JOSE -- Don't panic if the Cisco Systems Inc. (Nasdaq: CSCO) home base seems deserted today. It's not a plague or alien invasion.

Well, not exactly. It's a visit from the heads of state -- President George W. Bush and California Governor Arnold Schwarzenegger!

Technically, employees aren't being chased out, but Cisco is suggesting they consider telecommuting today "due to the expected parking lot and road closures," a spokeswoman says.

Wonder if this guy's gonna show up.

In place of its employees, Cisco can expect the usual flood of protesters who tail Bush. The company has drawn up one of those "free assembly zones" to accommodate them, and there will be law enforcement on hand. The spokeswoman wouldn't give out numbers of cops or vehicles expected.

The Republican duo is visiting Cisco's San Jose headquarters to participate with CEO John Chambers in a panel discussion on future competitiveness in America.

The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. The 10-year, $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists and unveiled during Bush's State of the Union Address in January. It includes proposals to make the R&D tax credit permanent and to add $50 billion to federal research budgets in the physical sciences. As part of the initiative, Bush also created a National Math Panel to look into improving mathematics education.

— Craig Matsumoto, Senior Editor, Light Reading

(97)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Page 1 / 10   >   >>
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:37 AM
re: W Does Cisco
Article quote:

"The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. That $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists."


Oh boy, VCs, and silly valley execs, and W to boot- what a frickin' brain trust \.

I'm sure they will craft an open, unbiased plan to address this issue, making life better for all of us common folk. Uh-Huh, that's right, those VCs are sooooo alturistic.

/sarcasm
Sisyphus
50%
50%
Sisyphus,
User Rank: Light Beer
12/5/2012 | 3:56:36 AM
re: W Does Cisco
> Oh boy, VCs, and silly valley execs, and W to
> boot- what a frickin' brain trust

Exactly my thoughts. Throw in a couple of elite academic experts into the mix, and if that's the "plan"... well, the trend will continue, and in 20 years we'll all be brewing cappuccinos for each other.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
Ah, I was wondering when the H-1B thing would come up. I don't suppose anyone will feel better if I add that Cisco and Intel contributed to the Competitiveness Initiative too... :)
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
And the real culprit is the government (state and federal) because they are not regulating and taxing products of companies who are eliminating jobs here only to bring H1Bs and to outsource to foreign countries.
The pigs in corporate jets have an excuse that they outsource (bring H1Bs) to "maximize the shareholder value", even if the reality is that they maximize their gain in the first place, and then, maybe, think of shareholders.
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
are to blame, not the math competitiveness.
When somebody gives you that crap, just ask him how come the outsourcing is going to China and India, countries who are not amongst the top performing scholastic and not to Japan or South Korea, who are.
The answer is corporate greed not math skills.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

Dude, I posted that *because* of post 4, just for amusement. Laugh a little.

You do have the situation wrong, though -- the VCs aren't "paying homage" to the Competitiveness Initiative, they're taking (partial) credit for *creating* it. Which, in the context of your post, means things are even worse than you thought.
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco


Why do you think you should have a job when somebody else will do the same job for less money?

If you think taxing will do it, the companies will move their HQs out of the US.

Either do more work, better work, or specialized work - otherwise there is no justification to pay you a dollar more than the job pays in India or China. It is no different than any other job - like those being filled by undocumented aliens. They get those jobs because they will do them for less money.

seven
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

It echoes my sentiments as well. The VCs and execs will pay homage to the "Competitiveness initiative" in order to gain political chits, so they can continue to shovel jobs out the back door. So long as their pockets stay lined with cash, and the sacred "shareholder value" is preserved, they will smile for the cameras and keep on doing whatever will keep their cash flowing.

Would you like some fries with that?
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
ice,

I am sorry that you do not understand economics. You get paid for a job based on your productivity. If people are willing to do your job at the same level of productivity for less money, you will lose your job. This will happen 1 of 2 ways:

1 - The company will hire the lower paid worker.
2 - The companu will go out of business because its products are too expensive.

I am simply pointing out to you economic reality. None of your points matter in the least. The whole point of globalization will be the leveling of wages. There is nothing that can be done about it. Your standard of living will go down. So, will the average person's in the US. If you think this is unique to engineering, then look at factory workers or farm workers. Then tell me why you buy any goods built in foreign lands or eat food picked by foreign workers.

seven
geof hollingsworth
50%
50%
geof hollingsworth,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
I have seen lots of other self-interested people supporting the initiative, including the NSF, the NIH, the National Association of Manufacturers, the National Academy of Sciences, the Council on Competitiveness, and politicians of all stripes and colors. This is the first time I have heard that it was the brainchild of Silicon Valley execs and VCs. It is certainly not a priority for the NVCA, for example. From their website: "...we have not yet taken a leadership role in these efforts - nor driven policy decisions - as we have done on other core issues like capital gains reduction or stock options expensing." Not saying it isn't true, but I would be interested in your source.

Personally, I think innovation would be further ahead if we just stopped our spending on litigation and transferred a small fraction of that money to R&D. Surely we can agree to gang up on the lawyers, right?
Page 1 / 10   >   >>
Flash Poll
From The Founder
The New IP is actually bigger even than business. Like another hugely important tech that Light Reading is digging into right now, the New IP has the potential to change the world by fundamentally advancing what it is possible for people to achieve with communications.
LRTV Huawei Video Resource Center
Huawei Shares Its Vision of the Future of Mobile Networks Innovations

2|26|15   |   2:30   |   (0) comments


Mobile broadband is changing our lives. It's reshaping the Internet, industry, and society. It allows us to freely connect with one another anytime, anywhere. At this year's Mobile World Congress, Huawei will share its latest insights and newest ideas and technologies that will shape the future of MBB. They will showcase their end-to-end MBB solutions that will ...
LRTV Huawei Video Resource Center
Accelerate Digitizing, Boost Digital Business

2|26|15   |   6:14   |   (0) comments


A new digital revolution is leading us to a better connected world. Together with millions of digital partners, Huawei will help CSPs to build their digital service ecosystem and aggregate a wide variety of digital services. In this video, we find out how Huawei is going to help CSPs implement digital operations.
LRTV Huawei Video Resource Center
The Secret Recipe to Enabling Hyper-Growth Industries

2|26|15   |   3:38   |   (0) comments


With a number of successful cases on network capability exposure, Huawei is going to share the secret recipe to enabling hyper-growth markets with a step-by-step approach.
LRTV Documentaries
BTE 2015 Is Bigger & Even Better

2|25|15   |   03:13   |   (4) comments


This year's Big Telecom Event (BTE) in Chicago is going to provide more opportunities than ever for networking, getting to grips with key industry challenges and opportunities and, equally as important, having some fun.
LRTV Interviews
Light Reading ICT Leaders Roundtable at MWC 2015

2|12|15   |   1:07   |   (2) comments


On Sunday March 1, 2015, Light Reading will host an ICT Leaders Roundtable in partnership with Huawei. At this half-day event, CIOs, analysts and researchers will discuss key industry trends like virtualization in the cloud with a specific focus on new business models. Located at the luxurious Renaissance Hotel near the Fira Barcelona, space is limited so please ...
LRTV Documentaries
Going Green in 2015

2|12|15   |   02:04   |   (0) comments


Energy efficiency is set to be an incredibly hot topic in the telecom industry this year.
LRTV Custom TV
SDN & NFV: Where Are We Going From Here?

2|11|15   |   11:27   |   (0) comments


Vitesse Semiconductor CTO Martin Nuss gives his perspective on why SDN and NFV should be tightly interconnected and how he sees the industry moving forward.
LRTV Documentaries
Time for Gigabit Europe?

2|9|15   |   01:27   |   (4) comments


Gigabit broadband networks are springing up all around the US and they'll soon become more commonplace in Europe.
LRTV Interviews
Brocade Brings New IP Vision to 2020 Vision Executive Summit

2|3|15   |   4:23   |   (0) comments


In December 2014, Light Reading gathered telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Brocade's Kelly Herrell shared his company's strategy at ...
LRTV Interviews
Brocade's Kelly Herrell on the New IP

2|2|15   |   12:36   |   (0) comments


In December 2014, Steve Saunders sat down with Brocade VP of Software Networking Kelly Herrell at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Brocade's approach to the New IP, the future of the telecom industry, and more.
LRTV Huawei Video Resource Center
Dr. Dong Sun Talks About Carriers' Digital Transformation & Huawei’s Telco OS

1|29|15   |   6:28   |   (0) comments


Dr. Dong Sun, Chief Architect of Digital Transformation Solutions at Huawei, discusses how telecom operators can become digital ecosystem enablers and deliver optimal user experiences that are in real-time, on-demand, all-online, DIY and social (ROADS).
LRTV Huawei Video Resource Center
Huawei's Chief Network Architect Talks about Network Experience & Operators’ Strategies

1|29|15   |   3:39   |   (0) comments


In the digital age, network experience has become the primary productivity especially for telecom operators. In this video, Wenshuan Dang, Huawei’s Chief Network Architect, discusses how carriers can tackle the challenge of infrastructure complexity in order to enhance business agility and improve user experience.
Upcoming Live Events
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
All Upcoming Live Events
Infographics
Net neutrality, broadband services and the current outlook on data consumption, as presented by the New Jersey Institute of Technology.
Hot Topics
Cyber Security Expert Warns: You're Doing It Wrong
Sarah Thomas, Editorial Operations Director, 2/23/2015
10 Weirdly Useful IoT Devices
Eryn Leavens, Copy Desk Editor, 2/24/2015
Small Cells Enabling Location Services
Sarah Thomas, Editorial Operations Director, 2/25/2015
MWC: Let the Madness Begin
Ray Le Maistre, Editor-in-chief, 2/23/2015
Is FCC Weighing Net Neutrality Changes?
Mari Silbey, Independent Technology Editor, 2/25/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Check out Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he had to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.
G'day! And welcome to an entirely new feature on Light Reading -- our weekly "CEO-to-CEO" interview.