5 ms·

And yet we wanted to double our H1B count?

by jmpman 2y ago

adamredwoods 2y ago
H1B are sometimes paid less, so profit at the top increases while wages drop. https://www.epi.org/press/a-majority-of-migrant-workers-employed-with-h-1b-visas-are-paid-below-median-wages-large-tech-firms-including-amazon-google-and-microsoft-use-visa-program-to-underpay-workers/ https://www.epi.org/press/a-majority-of-migrant-workers-empl...
- addicted 2y ago
  H1Bs don’t displace local jobs. They displace offshoring. If the companies looking to H1B workers are only doing so to cut their costs irrespective of the quality of talent why wouldn’t they outsource the work to someone in India for 1/4th the salary and fewer benefits instead?
  - jmpman 2y ago
    So, put tariffs on offshored IT work?
seanmcdirmid 2y ago
SF prices dropping back to 2019 doesn't mean much of anything given how high those prices were back then. SF throughout much of our history hasn't been the place for tech jobs, that happened sometime in the mid 2000s but wasn't true before then (Silicon Valley/San Jose were the places for tech). I expect that we won't see many big tech offices opening in SF anymore because they simply have a lot more better/affordable options to choose from.
- jhbadger 2y ago
  But before the current tech boom in the mid 2000s, there was the "dot-com" boom in the 1990s and many early Web companies were in SF in the 1990s. And in the 1980s there was the financial sector boom as SF was the west-coast financial hub. You pretty much have to go back to the hippie era in the late 1960s/early 1970s to find a time when it was a cheap place to live.
  - seanmcdirmid 2y ago
    SF will never be a cheap place to live like Honolulu will never be a cheap place to live. It is just such a nice city (even with the unhoused problem) that rich people without jobs will always bid up property prices, and young people will settle for various careers and substandard living situations.
coldtea 2y ago
Somebody needs to cross-check the LLM output, and it's better if they're cheaper than a domestic employee
- arresin 2y ago
  And can be threatened into working unpaid hours

And yet we wanted to double our H1B count?

by jmpman 2y ago

And yet we wanted to double our H1B count?

H1B are sometimes paid less, so profit at the top increases while wages drop. https://www.epi.org/press/a-majority-of-migrant-workers-employed-with-h-1b-visas-are-paid-below-median-wages-large-tech-firms-including-amazon-google-and-microsoft-use-visa-program-to-underpay-workers/ https://www.epi.org/press/a-majority-of-migrant-workers-empl...

addicted 2y ago
H1Bs don’t displace local jobs. They displace offshoring. If the companies looking to H1B workers are only doing so to cut their costs irrespective of the quality of talent why wouldn’t they outsource the work to someone in India for 1/4th the salary and fewer benefits instead?
- jmpman 2y ago
  So, put tariffs on offshored IT work?

seanmcdirmid 2y ago

SF prices dropping back to 2019 doesn't mean much of anything given how high those prices were back then. SF throughout much of our history hasn't been the place for tech jobs, that happened sometime in the mid 2000s but wasn't true before then (Silicon Valley/San Jose were the places for tech). I expect that we won't see many big tech offices opening in SF anymore because they simply have a lot more better/affordable options to choose from.

jhbadger 2y ago
But before the current tech boom in the mid 2000s, there was the "dot-com" boom in the 1990s and many early Web companies were in SF in the 1990s. And in the 1980s there was the financial sector boom as SF was the west-coast financial hub. You pretty much have to go back to the hippie era in the late 1960s/early 1970s to find a time when it was a cheap place to live.
- seanmcdirmid 2y ago
  SF will never be a cheap place to live like Honolulu will never be a cheap place to live. It is just such a nice city (even with the unhoused problem) that rich people without jobs will always bid up property prices, and young people will settle for various careers and substandard living situations.

coldtea 2y ago

Somebody needs to cross-check the LLM output, and it's better if they're cheaper than a domestic employee

arresin 2y ago
And can be threatened into working unpaid hours