Thanks everyone for an interesting conversation!
It's funny I had a few observations to contribute that were helpful (I think). However, the points I stumbled on are the one that got me thinking the most.
Like:
1) The idea of "abundance". Certainly we are in an age of abundance (of things and services) that are forcing us to stand out in order to survive. The "myth of abundance" that I mentioned has more to do with the presumption that we are all middle class (and higher) business people looking for ways to stay ahead in the new economy. The reality is some of us (millions really) are simply trying to survive and avoid living in tent city. On top of it all this abundance was created by debt (both personal and national). We may end up living in an abundance of garbage and service skills that cannot be sold because there are no buyers.
Oh well, necessity is the mother of invention.
2) There is always an implicit discussion about the ethics of outsourcing. We talked about that a little bit. Timothy Ferriss responded to criticism of outsourcing in a recent interview. Basically, if you can get a business off the ground with 1/3 to 1/10 the capital (labor capital) required by hiring local then the number of entrepreneurs that create successful businesses out of nothing (almost nothing) will increase. If the businesses grow, eventually they will need local talent for administration or creative work. The cost of entry has decreased radically, so more American entrepreneurs (theoretically) will be adding to the tax base, than ever before.
No jobs are shipped away, because the jobs didn't even exist until some entrepreneur dreamed it up.