I for one am ecstatic about this. I want less competition for my role, not more. It is hard to compete when the top 5% of every other economy comes in and crowds me out.
Doctors vs Software Engineers are very interesting case studies in my eyes. AMA (American Medical Association) has successfully lobbied congress to cap residencies at 100K a year, essentially restricting supply. Foreign doctors have to go through a gauntlet of exams, tests, and licenses that keeps market from being flooded with cheaper talent and diluting local doctor salaries. Software Engineers have failed to unite…
The AMA is opposed to the current cap, and has been active in both lobbying for increasing Medicare funding for residencies and in building up alternative sources of funding residencies: https://www.ama-assn.org/press-center/press-releases/ama-con...
This seems to be a persistent myth on HN. Do people just assume the AMA's position hasn't changed in 23 years?