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Cutting H-1Bs Could Mean More Competition From China and India, Says GoDaddy CEO (cnbc.com)
Silicon Valley companies continue to express their concerns about the restrictions on H-1B visa program. The H-1B visa program -- which enables U.S. companies to hire foreign workers -- has become a political lightning rod but remains essential for American companies to hire the technical talent they need to compete on a global scale, said GoDaddy CEO Blake Irving. From his interview on CNBC: "We do not produce enough technically qualified candidates in this country," he said. "You can't take an 18-month training program and produce a machine-learning scientist." Irving was particularly concerned about overseas competition. The American university system is good at training foreign workers for tech jobs, and it is essential that the U.S. government allows them to stay in the country to fulfill U.S. jobs, he said. Otherwise, we train workers from countries like China and India and then send them back to those countries to set up tech ecosystems that compete with Silicon Valley.
Competition is generally regarded as a good thing. When these people stay in the USA, they generally depress wages and send all the money they earn back to their home countries anyway, which does the rest of the US economy no good at all. Really I'm not sure we should even have any sort of H1-B program at all.
The Trump administration is considering reprioritizing H-1B visas. Right now, such visas are given out based on a lottery around April 1, which is utterly irrational and chaotic; it causes outsourcing firms to flood the visa application process with numerous fake applications, instead of the visas going to US companies that actually need those workers. Under the new rules, H-1B visas would be given to the highest paid workers and with precedence to people graduating from US universities. No matter what you think about the absolute number of H-1B visas, that's a good change to the immigration program.
If, in addition, the US reduces the number of work visas, that would result in more foreign competition, unless made up for elsewhere. But Trump has generally advocated a merit-based immigration system, which may mean more skilled immigrants (as opposed to H-1B visa holders) and less unskilled labor and family-based immigration. Again, that seems like a win-win.
Of course, we'll have to see what he actually does. The Orange One is a bit unpredictable and tends to act rashly.
I once had a gig as a project manager. Had a budget, needed devs. I could have called Tata, and had a regiment come in fresh off the boat, moving in lockstep, but I found it was cheaper to post some ads at the CS department of the local universities, interview some very intelligent people, ask them some basic coding questions, then get the project going.
Was on time and on target with the dev team. However, the company I was with got bought out, and the whole division offshored.
I can find more talent in the town, in the relatively non-techie state I live in (Austin, Texas), than I ever could by playing the H-1B lottery.