Forbes Richest Men of the World

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It is good, and more often than not, intelligent, to sit back and view, in perspective, events that may have happened a long time ago. The events do not necessarily have to be recent ones, but thinking them over later allows one a chance to make unbiased judgments. Acting on my own advice, and though my mind wandered over a number of topics, I basically thought over two news stories I had read a while back.
The first of these referred to a dearth of jobs in Pakistan’s IT sector. While the rest of the world talks of how technology is the fastest growing industry in the world, in a developing country like, Pakistan, it is unfortunate, but statistics show that every year nearly 50,000 B. Tech graduates are churned out by educational institutions. However, these fresh graduates are denied the opportunity to enlist in higher studies programs, work in the public sector, or get promotions in existing jobs. The reason is that their degree still holds an “undefined� status. It is felt that the solution is the formation of a Pakistan Technology Council that would help and safeguard the rights of technology graduates. In this regard, a demand proposal has been forwarded to the Ministry of Science and Technology since February 2010, but has elicited no response.
Meanwhile, a list published by Forbes last year’s September 2010, showed that of the top 400 people in the US, a remarkable number of people belonged to the IT industry. The exact number is 40… 40 people out of the 400 billionaires in the United States belonged to the technology sector which brings the ‘technology sector candidates’ to one tenth of all the people listed here. If that is the impact that technology has had in the United States, why do we, in Pakistan, say we have a dearth of jobs in the IT industry? While it is true that we are a poorer country, in these days of financial crunch, the US has just as bad a case of joblessness as any other country in the world and yet, these people have made it big also. The secret to their having done so apparently lies with the people themselves then. What did those people have that we are evidently not utilizing?
A look at the Forbes’ list will reveal that most of those in the IT industry are those entrepreneurial developers whose names we are all familiar with. Mark Zukerberg, Facebook founder, Steve Jobs from Apple, Bill Gates and Steve Ballmer from Microsoft… the list is long, but the names are all very familiar. A number of Pakistani developers claim that the market for application developments is very vast. Many software developing houses in the country get international projects developing applications for a number of organizations. Maybe, for IT students and those in this field, the answer is not in the dearth of jobs that the country is allegedly facing, but in entrepreneurship which will help them earn money through freelance projects or through starting small scale businesses of their own which could, eventually, grow with the times.
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