Jensen Huang Says H-1b Changes Would've Prevented His Family From Immigrating
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H-1b Visa
Tech Industry
Nvidia CEO Jensen Huang expresses that recent H-1B changes would have prevented his family's immigration, sparking discussion on the impact of immigration policies on the tech industry.
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In short, no matter how much shareholder value you make now, the goal is to advantage a domestic person into the role. If a company wants you enough, it has to cast fetters of gold to make it happen and if that excludes, that's by design.
I am sorry, because I hate this, but I see this message as confirming the policy is doing what this government wants it to do. The millions Jason made, the government wanted made by a native son.
The question "can they weave the same magic" isn't being asked or answered.
Whether it's the right policy of course is questionable, and we could debate the details all day, but something needed changing to give domestic workers the advantage, because they've been disadvantaged by the H-1B programme for years now.
Disclaimer: I'm a UK citizen, not from US, but I still applaud these changes even though it would make it much more difficult, if not impossible for me to get a job in the US. We have similar problems here - perhaps much worse even - and not just for skilled jobs but more so for unskilled labour. Standard of living in the UK is degrading at a rapid rate, and uncontrolled immigration is a leading factor in that. Governments only care about GDP, but it's GDP per capita that matters, and that is in decline.
The same pressures are visible in Germany. Merkel responded to business need for 1.5m more workers. The overwhelming majority are productive and enough are visibly not, and different she's ignited a racist backlash. Nobody has managed to convince me the 1.5m body count wasn't needed.
America has always grown economically through immigration. It's also always been painful.
Turning the needle the other way will also likely to be detrimental to the economy in the long term, but the insistence on labelling ordinary people with legitimate concerns as "racist" so as to ignore them is what has created the political division, absence of any centrist politics, and rise of extremism on both sides.
The remedy is to scale back the rate of immigration, not cut it out entirely.
Gatekeeping access behind "published journals" is dumb. We could be brain draining the entire world.