I am an economist by training, and also an investor in cross-border startup teams. On both fronts, the original article strikes me as unfair and inaccurate.<p>The fact is that there are scores of successful valley start-ups and product tech companies, with successful teams of product engineers in good ol' India writing their core production ready code - (not low cost "back-end", whatever that means) - I could name dozens of such companies.<p>Equally, there are new several start-ups founded in India going after global internet product markets (see freshdesk.com, recently funded by Accel Partners).<p>Like in the Valley, some of them hire great programmers, some average, and some awful. This reflects the labor pool of a deep market of available talent.<p>The "original" OP is clearly being unfair to hard working entrepreneurs and hackers in low-cost economies. As well as disregarding, basic economic theory of a connected global labor market. (Sorry Paul Krugman!).<p>Disclosure: I am investor in the OP who wrote the response.
p.s: Replace "India" with low cost country of choice.