Looks like your post is getting a mixed reaction. I think you're both right and wrong.

You can outsource to a lot of cheap, technically talented developers (you can also very easily end up with awful developers, though). But they won't think on their feet or be able to make independent decisions- they are contractors, and they will make exactly what you tell them to.

If you're technically minded yourself that might be fine- you can give very specific, down to the pixel instructions. But if you're an "ideas guy" you're not going to have any answer when feature X is not technically possible, and the contractors aren't going to help you.