How much is spent on software in investment services?

Offshoring of IT services has been controversial because some IT workers in developed nations fear it will reduce jobs, wages, and opportunities because of the large wage differences between them and experts in the developing world. While most economists agree that offshore outsourcing will improve the overall economies of all nations participating, it is unclear if it will be a net benefit to those who work in the IT specialties hardest hit. Opponents point out that factory workers have not seen a net benefit from the offshoring of factories. Others argue that the higher education of most IT workers provides more options than the relatively uneducated factory workers. However, there may be a difficult transition period while new skills are being acquired. There may be even more difficulty identifying which new specialties are not subject to similar trade forces.