The raising of H-1B fees will hinder the technology community in America

America has the largest economy in the world, and it is a world leader in innovation because it attracts and maintains the best talent in the world to work on small startups with high risk that is once flourishing to the great economic Titan. Nearly 50 % of American companies that exceed $ 1 billion in the evaluation have one co -founder and immigrant. Garrett Camp co -founder of Uber is a Canadian immigrant. Use Elon Musk H-1B as a South African migrant for construction Timing and Spacex. The famous Eric Yuan was rejected eight times until H-1B works in Cisco-then went to start EnlargementThe company that melts the borders between nations.

There are many these examples Arista networksAravind Srinivas of Perplexity, Satya Nadella of Microsoft And Sundar Pichai from Google None of these leaders in the United States remain if the H-1B program is not in place.

The new H-1B fee structure, in the direct term, will create a dual-level system of employment for technology giants and startups well-funded only that can absorb the $ 100,000 additional fees for H-1B talents. This would create a transitional point in supply and demand, as many talented people who can work on H-1B can no longer go to other countries of opportunities, or return to their countries of origin.

This really happens. Canadian Prime Minister Mark Carney recently said that the US visa changes to skilled workers may help Canada to preserve Preparation A “clear offer” for people in the technology sector who could have been eligible to get a H-1B visa. China has already launched “new”K“To attract the global STEM talents. India must definitely think about something similar. I think this is uncertain on H-1B care not only affects medium workers in IT, but the gifted master’s or graduates will affect the doctorate, and research scientists, who suffer from a lack of presentation worldwide.

The message that this sends to the brightest students in the world is that the United States does not provide a reliable way to succeed. Only those who see a H-1B legitimate path will move on American education, which means that the country will attract fewer exceptional minds that have developed a vibrant ecosystem in Silicon Valley.

I spent 15 years building future technologies in the Silicon Valley on the H-1B visa, first in AMD, then in Google. I can say with confidence that I did not get the first job in the United States under the fee structure today. Under today’s policies, I migrated to another country or returned to India.

The H-1B program is not without its mistakes, and the smart update is always welcome, but the dominance of American technology was not built by the walls. It was built by bridges to attract bright minds. While political makers move in the future of H-1B visas to improve it, I hope they remember that in the global economy, talent is mobile, and as VC follows the capital of talent. The countries you welcome will flourish. Those who will not leave behind.

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