3 ms·

Also there is value in "go to US/SV, work there, return home with knowledge of how better systems work, establish in your home country", although there are prob

by rdl 10y ago

Also there is value in "go to US/SV, work there, return home with knowledge of how better systems work, establish in your home country", although there are probably scale effects so it's best for humanity overall for the best people to be concentrated. (I'm not sure about the merits of immigration, naturalization, and then return to/interface with birth country, vs. a non-immigrant status. There is probably a good case to be made that having people gain US citizenship is overall better, and it provides optionality. With global taxation it is a clear net win for the US, too.)

muninn_ 10y ago
I agree, but how many people come here from, say, India or wherever, work in IT in somewhere like SF and say ok I've had enough training, time to go make my country a better place? None. I don't blame them either.
- rdl 10y ago
  Actually there are a LOT of Chinese and Indian entrepreneurs I know who moved to the US, worked here, and especially back in India are now building SV-style companies there. Or are putting parts of their global businesses there -- given how expensive labor is in the US and especially SV, it's a huge competitive advantage to be from, say, Ukraine and be able to set up a great engineering organization there. I agree it makes less sense for an individual worker to move back (unless there are family or other concerns).
- tehlike 10y ago
  It depends on person, as usual. For many, the US residency is a blessing. Things are nice here, compared to where they come from. The quality of life is much nicer, and this is something i'd most definitely want for my kids. However, there is also a greater advantage to going back home: Those markets usually lack the capital and the knowledge, and it's relatively easy to copy startups from here and implement them in their home countries.
- pm90 10y ago
  That is most certainly not the case. While there are many who stay, there are also a sizeable number who go back to their home countries.

by rdl 10y ago

muninn_ 10y ago

I agree, but how many people come here from, say, India or wherever, work in IT in somewhere like SF and say ok I've had enough training, time to go make my country a better place? None. I don't blame them either.

rdl 10y ago
Actually there are a LOT of Chinese and Indian entrepreneurs I know who moved to the US, worked here, and especially back in India are now building SV-style companies there. Or are putting parts of their global businesses there -- given how expensive labor is in the US and especially SV, it's a huge competitive advantage to be from, say, Ukraine and be able to set up a great engineering organization there. I agree it makes less sense for an individual worker to move back (unless there are family or other concerns).
tehlike 10y ago
It depends on person, as usual. For many, the US residency is a blessing. Things are nice here, compared to where they come from. The quality of life is much nicer, and this is something i'd most definitely want for my kids. However, there is also a greater advantage to going back home: Those markets usually lack the capital and the knowledge, and it's relatively easy to copy startups from here and implement them in their home countries.
pm90 10y ago
That is most certainly not the case. While there are many who stay, there are also a sizeable number who go back to their home countries.