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> The simple problem is not enough people want to major in engineering. Or can. A lot of schools are happy to admit almost anyone, but will have 1/3 of incomin
by 908B64B197 5y ago
> The simple problem is not enough people want to major in engineering.
Or can. A lot of schools are happy to admit almost anyone, but will have 1/3 of incoming freshmen transfer to other majors after a year.
> I think it also relocated a big chunk of the developing world's tech growth to the US, so American executives could be the ones who benefited from it (yay for them)
Employees too. It lowers the wages a little, but creates a much bigger market where software for the world is built in America. So there's more competitors. It's not uncommon for American companies to have half of their revenues in international markets but way less than 50% foreign employees.
- unishark 5y agoBuilt in America by the same people who would have been building it elsewhere. If US workers could be hired for those jobs they could just skip the H1b part and hire domestically in the first place. And I think you are hugely underestimating the effect on salaries. But as for bigger market benefits to domestic workers, this requires H1b's to not be handed out fast enough to keep up with the growth of the market (which I think is finally happening recently, hence the big salaries in SV). But this is the same supply and demand effect we would have gotten without the H1b program in the first place. > Or can. A lot of schools are happy to admit almost anyone, but will have 1/3 of incoming freshmen transfer to other majors after a year. Definitely agree about this part though. A big reason some countries can achieve higher number of grads or better ratios of one kind or another, is with a dumbed-down program that requires mostly memorization and teaches nothing in depth.