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>> They aren't competitors, they are complements and create more jobs. We've had the H1B program for 25+yrs. We accept 65+20k workers a year. That is 8520+ wor
by OurBoysGirls1st 8y ago
>> They aren't competitors, they are complements and create more jobs.
We've had the H1B program for 25+yrs. We accept 65+20k workers a year. That is 8520+ workers who have entered the country on this program. Lets round down and say 2million workers. These are 2million jobs that didn't go to local graduates, but instead to overseas graduates.
Of those 2 million workers, could anyone cite any significant companies started by the H1b workers which created jobs?* I mean, not a dozen jobs here or there, but serious job creation that would offset the 2 million local workers who were displaced?
There is this myth that H1b workers create more jobs than they take, but where are these jobs?
Oh, please dont mention Google or Tesla, as those founders didnt come in on H1bs.
- pfhayes 8y agoH1-B workers are (by the nature of their visa) prohibited from creating companies Founding a company is not the only way to create jobs
- rswail 8y agoAn alternative argument is that the US has imported expensive technical education without having to pay for it. This advantages the US and disadvantages the country where the technical education was delivered. The question is whether the benefit to the US is distributed properly within the US.
- mavelikara 8y ago> Of those 2 million workers, could anyone cite any significant companies started by the H1b workers which created jobs?* I mean, not a dozen jobs here or there, but serious job creation that would offset the 2 million local workers who were displaced? Jyoti Bansal: https://en.m.wikipedia.org/wiki/Jyoti_Bansal https://en.m.wikipedia.org/wiki/Jyoti_Bansal Dheeraj Pandey: https://www.linkedin.com/in/dpandey/ https://www.linkedin.com/in/dpandey/ And many others like them. Go to the website of any of the top VCs in the Valley. On their list of partners, you will find many Indian names. Most of these people, before becoming VCs, were founders of successful startups. A large number of these people first came to US on H-1B. Likewise, take a look of influential papers like, say DynamoDB one. You will find many Indian names in the list of authors, and most of them also worked on H-1B. The work of these people end up creating entire new fields of employment coast-to-coast.
- coolsank 8y agoActually Elon Musk did file for an H1-B when he quit Stanford to start Zip2.