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1245 points mriguy | 6 comments | | HN request time: 0.405s | source | bottom
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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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jpadkins ◴[] No.45306392[source]
The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a hollowed out middle class in the US. Let me know if you want further reading on this topic.
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Calc13 ◴[] No.45306548[source]
Agreed, however the top end usually comes to US to do masters and then tries to get job using H1B. If this is where to be instated in this form, it almost precludes any fresh college graduates from getting a shot at this.
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aianus ◴[] No.45306708[source]
$100k signing bonus and $150k salary was normal for fresh grads back in 2014, pretty sure big tech can afford this no problem for actual talent.
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whatever1 ◴[] No.45306984[source]
The big tech companies have the financial means to invest in anything. They are essentially printing money.

However, which startup can afford an additional cost of 100,000 dollars for a fresh PhD graduate who is essential for their niche?

The true economic benefit of the H1B visa program for the US economy lies in the long tail of smaller firms that require a limited number of specialized personnel, which, by definition, is scarce.

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trollbridge ◴[] No.45307239[source]
A PhD holder should be coming in under O-1.
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whatever1 ◴[] No.45307268[source]
A PhD comes as a student with F1 student visa that expires the day of their graduation.

O1 is unlikely to be granted to a student who has not graduated yet. What are they going to show for evidence? Manuscripts in preparation? Or class grades?

replies(2): >>45307473 #>>45311045 #
1. bigfatkitten ◴[] No.45307473[source]
How many businesses have ever found a fresh graduate to be provably essential?
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2. whatever1 ◴[] No.45307530[source]
Name one person who is provably essential to a company.
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3. bigfatkitten ◴[] No.45307698[source]
That’s my point. The problem you’ve raised doesn’t really exist.
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4. whatever1 ◴[] No.45307783{3}[source]
:facepalm:
5. tester756 ◴[] No.45308242[source]
Jensen Huang
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6. whatever1 ◴[] No.45310936{3}[source]
Nvidia will continue to exist even if JH disappears today.

All companies of that size have succession plans. See Apple and Alibaba.