Per [1], the House version contains important immigration provisions. 1) The bill would create a new category of non-immigrant visa called the W visa for owners (W-1) or essential employees (W-2) of start-up companies and their dependent family members (W-3). 2) The bill would exempt applicants holding a PhD in a STEM field from the annual per-country green card limits, enabling them to quickly apply for permanent re…
The United States should be offering permanent residency to practically everyone with a Ph.D.
America COMPETES Act of 2022 passed House and Senate
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Re: America COMPETES Act of 2022 passed House and Senate
#72Per [1], the House version contains important immigration provisions. 1) The bill would create a new category of non-immigrant visa called the W visa for owners (W-1) or essential employees (W-2) of start-up companies and their dependent family members (W-3). 2) The bill would exempt applicants holding a PhD in a STEM field from the annual per-country green card limits, enabling them to quickly apply for permanent re…
The United States should be offering permanent residency to practically everyone with a Ph.D.
Re: America COMPETES Act of 2022 passed House and Senate
#73Earlier quoted context omitted.
Imagine using government money to fund Intel, AMD, Micron, Apple, etc with combined capitalization over 4 trillion dollars. Instead they should be levying massive windfall taxes on these companies' overseas cash hoards, and using those revenues to fund onshore semiconductor startups.
Aren’t fabs and all that like multi-billion dollar projects? How does one realistically become a startup in that space when the capital to start is so intensive? (At least these days - idk about back in the past)
Re: America COMPETES Act of 2022 passed House and Senate
#74Earlier quoted context omitted.
Is the US spending billions to educate them, or are they spending billions to be educated here?
> Is the US spending billions to educate them One PhD student costs a professor about $100K - $200K per year. A third of that is stipend and the other two thirds is... well, in CS I'm not even sure. A good bit of administrative welfare AFAICT. (Universities don't pay FICA taxes for grad students and grad student healthcare premiums are actually more of a subsidy for the risk pool of the aging faculty/admins than an a…
Re: America COMPETES Act of 2022 passed House and Senate
#75I guess they expect the immigration stuff to be thrown out in reconciliation since the senate version didn't seem to have them.
Re: America COMPETES Act of 2022 passed House and Senate
#76Earlier quoted context omitted.
Keep in mind that China will not stop being a problem, it just moves it around. The CCP will have more people in the US with family back in China, so they can manipulate those in the US to steal and spy for them. They will grow the presence of CSSAs and universities will become increasingly dependent on income from fulltime Chinese students, which will paradoxically disincentivize US universities from educating US st…
Ah yes, because every PhD immigrant that comes to the US must be a CCP agent. Why don't we just dispense with the thin veil you're trying to hide your racism behind?
I think your framing as "agents" is a bit sensationalized. You're evoking images of these highly-trained spies willing to do anything to steal for their country. My expectation is that most folks are just regular-Joe type people who just want a good education, but are pressured by their government to pass back certain kinds of information (with under-specified by scary consequences for their family if they don't comply). I have a lot of sympathy for the people who get caught up in this situation. They're people who are trapped in a way that requires them to pay a higher (moral) price to obtain a good education. I'm not sure I'd have the strength to behave any differently if I were in their shoes.
(Also consider that the US's industrialization was fueled by plenty of academic and industrial espionage. That doesn't make what goes on today ok, but let's not pretend our historical hands are clean.)
Re: America COMPETES Act of 2022 passed House and Senate
#77Earlier quoted context omitted.
Of course, it can. The solution would be to depress the USD. It's just that the US decided it is more profitable to extract value by holding the reserve currency.
the US government isn't in control of the dollar rate - the central bank is private.
Re: America COMPETES Act of 2022 passed House and Senate
#78Earlier quoted context omitted.
Forgot all PhDs, it is next to impossible for most students and researchers who get advanced degrees from American universities to get work visas or permanent residency. We get the best talent from all over the world, spend billions on educating them, and then force them to go home.
Is the US spending billions to educate them, or are they spending billions to be educated here?
Re: America COMPETES Act of 2022 passed House and Senate
#79Re: America COMPETES Act of 2022 passed House and Senate
#80Earlier quoted context omitted.
Is the US spending billions to educate them, or are they spending billions to be educated here?
The former, mostly. PhD students are usually funded by their university, as well as by research grants come from US government agencies and research-oriented companies and organizations. So we (as in "various elements of US society") are paying to educate people, and then are sending them back where their home countries benefit, while the US does not. It's so dumb. There are some cool exceptions, like some programs w…