Outsourced to India?

Last night I had dinner with a friend who is the managing editor of a major New York publishing house. In the course of our discussion of all things publishing, she mentioned that her company is now having some of its books composed, that is "set into type" electronically, in India! This results, not surprisingly, in ludicrously small typesetting costs. Indians, as we know, make pennies on the dollar. Publishing seemed like the last industry that would be sending jobs overseas, yet it's happening. What's next? Editors working from call centers in Mumbai? The mind reels.