CNET News.com‘s Michael Kanellos reports that global demographic forces are changing Silicon Valley in profound ways.And that is why most of the tech companies are rushing to the third world. Hey Moron even Kali4rnia is part of the third world – it has now elected a sex-maniac actor as its governor because a few people did not like the guy who was democratically elected for the job. AnyWay reminds me of Bihar….

As many people will be born in India in the next six days as will be born in all 15 European Union states and the soon-to-be EU states in an entire year, he said. India, in fact, is growing faster than China, Pakistan and Nigeria–the world’s second, third and fourth fastest-growing nations–combined.

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The United States once dominated the information technology market. But with a greater number of engineers graduating elsewhere in the world, companies will have to begin to concentrate on more difficult challenges while leaving product design and other tasks to emerging nations, according to Geoffrey Moore, a partner at venture capital firm Mohr, Davidow Ventures. The first-mover advantage will shrink.

Well it is your call – read the article and let me know what you think