This isn’t even necessarily true. Most of my friends migrated to the US on H1-B. It’s about poaching global talent. It’s not like US tech can only rely on US labor.
There’s a profit angle in terms of keeping wages down, but there’s also a competitive angle. Having a bigger talent pool to draw on means you get better talent, particularly when you’re in the top spot in terms of pay, quality of life, professional achievement, etc.
^ This. It’s just a matter of will. Mammon demands that they drive labor costs toward zero, though, even if that means throwing their own citizens overboard, and fucking over a lot of foreign workers.
How so? 25% of FAANG workers are foreign-born and the growth of US tech labor is significantly lower than the demand. Are there policy proposals for addressing that while remaining globally competitive?
The growth is lower than the demand, so salaries should be skyrocketing, right? But that’s not what the numbers show. So I think you’re using the word “demand” in rather specific way.
Exactly what I’m trying to argue. It’s also a strange issue on the left where progressivism in the form of increased job security and regressivism in the form of nativist immigration policy clash.
This isn’t even necessarily true. Most of my friends migrated to the US on H1-B. It’s about poaching global talent. It’s not like US tech can only rely on US labor.
US labor can leave for another job if they don’t like it.
An H1-B employee can’t leave.
That is why they want the H1-B employees.
It definitely could. Now whether that’s the best thing for profits is a different question.
There’s a profit angle in terms of keeping wages down, but there’s also a competitive angle. Having a bigger talent pool to draw on means you get better talent, particularly when you’re in the top spot in terms of pay, quality of life, professional achievement, etc.
^ This. It’s just a matter of will. Mammon demands that they drive labor costs toward zero, though, even if that means throwing their own citizens overboard, and fucking over a lot of foreign workers.
Oh, they definitely could.
How so? 25% of FAANG workers are foreign-born and the growth of US tech labor is significantly lower than the demand. Are there policy proposals for addressing that while remaining globally competitive?
The growth is lower than the demand, so salaries should be skyrocketing, right? But that’s not what the numbers show. So I think you’re using the word “demand” in rather specific way.
No. The domestic labor growth is lower than the demand, so the demand is met with the foreign workers necessary.
Could and should are two separate issues. They could do it only with us workers it would just be ruinous.
Exactly what I’m trying to argue. It’s also a strange issue on the left where progressivism in the form of increased job security and regressivism in the form of nativist immigration policy clash.