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1245 points mriguy | 1 comments | | HN request time: 0.001s | source
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roughly ◴[] No.45306289[source]
I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain.

A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.

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1. riazrizvi ◴[] No.45306577[source]
It’s not a strategic strength of the country as a whole to displace out of the economy the top talent, with a constant stream of new workers. This is just a local gaming by industry heads chasing end of year bonuses based on short term financials. We saw the offshoring of talent in manufacturing destroy domestic capacity. We are now seeing a similar phenomenon as there is pressure from many sides to offshore tech or migrate employment from citizens and permanent residents to temporary residents.

The employment environment in Silicon Valley has been extremely strange since 2022. I haven’t been able to find a job in my field since then, despite being at the top of my game. I’m practically bankrupt and currently making ends meet in a minimum wage job.