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by newfriend
59 days ago
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Are you trying to argue that increased supply of labor is responsible for increasing wages? As others have said, H1-B has been good for companies, and bad for American workers. The same companies who were found to be colluding to keep wages down. Europe is stagnant because of regulation, not because of immigration. |
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I am saying the reason silicon valley exists is because of the immigration of the smartest people from around the world. High Tech needs the best in the world, not the best in the US.
Consider the seminal research paper that kicked off the AI revolution (titled "Attention is all you need"). It was written by 2 Indians, 1 German, 1 British Canadian, 1 Pole, 1 Ukrainian, and 2 US born people. These people came to America, worked together and changed the world as we know it. Why would we want to stop it? Has this immigration been bad for American workers? Far from it. These immigrants are the lifeblood of the tech industry, without them the center of tech would be Beijing.