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From the article:

The best-known report, by Forrester Research, a consultancy, guesses that 3.3m American service-industry jobs will have gone overseas by 2015?barely noticeable when you think about the 7m-8m lost every quarter through job-churning.

What the author misses (on purpose I believe) is that the Forrester number are jobs that are permamently lost. The job churn he's talking about involves going from one job to another.

Ms Mann concludes that if IT software sees falls in prices, thanks to globalisation, similar to those that IT hardware has seen, then the second wave of productivity gains?notably in the service sector?could be greater than the first, which was based mainly on manufacturing.

That's probably true -- but its impact will be much greater in the rest of the world. For example I've heard a lot of talk about "Indians are going to start buying our products once they start earning more money" -- which totally misses out that we here in the US are buying their services in India and goods from China as they're what we can afford. Why should we suddenly expect them to start buying from the US?

Demand for database administrators is expected to rise by three-fifths

I suppose we'll see. I actually think it will go down as companies begin to realize that its probably cheaper to have an ASP host their backend software than try and hire an Oracle guy (and a replacement), a $100k Oracle license, and a $500k EMC hard disk array.

I see it like this; The rest of the world is laying down their first real infrastructure of schools hospitals and other public services. Meanwhile, we are in a transition phase laying down the high tech infrastructure for tomorrows industries. Although we are buying from over seas we are buying basic products for cheap and putting these cheap products into the construction of this new high tech infrastructure. The time saved by having every product and every industry wired, will make industry and manufacturing streamlined to such a point where inventory will be sold at their immediate value.

I'm an optimist; although we do not have the best schools in the world we have the most educated people in the world; if we have to turn back to manufacturing Styrofoam cups and cheap products, I don't think it will be that difficult. The other nations like China and India are dogged by the fact that 80% of their population are treated like cattle.... there is a reckoning a comin' and I don't think it will be in America.