Comment by triceratops
9 hours ago
But it wouldn't result in more domestic workers being hired. Those companies would just have smaller workforces in the US and larger ones abroad.
Big Tech has hired functionally every domestic worker interested in and capable of doing the job. They pay so much already.
this is just not true. the market for new grads is extremely bad. Microsoft could easily invest in more early career people, instead they're hiring more senior H1-Bs.
You said it yourself. The market for new grads is bad. AI is better for senior employees than juniors. Visas don't affect this dynamic.
Bad market for new grads is overdetermined. AI, interest rates, etc.
But a contributing fact is flooding the tech market with H-1B visas spikes labor supply, kills workers' leverage and lets companies cheap out on salaries instead of bidding them up.
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