51–60 of 465 posts
In the early 1990s when I came here, the prevailing wisdom was that its categorically better to immigrate to the US from India if you get a chance. India was too far back in the tech space, too much bureaucracy, corruption, red-tape etc etc... In the 2020s, the consensus is quite mixed. A lot of people I personally worked with, who successfully got their visas and green cards, have given it all up and gone straight b…
In the early 1990s when I came here, the prevailing wisdom was that its categorically better to immigrate to the US from India if you get a chance. India was too far back in the tech space, too much bureaucracy, corruption, red-tape etc etc... In the 2020s, the consensus is quite mixed. A lot of people I personally worked with, who successfully got their visas and green cards, have given it all up and gone straight b…
What's "LC" ?
US immigration policies for Indian and Chinese nationals has been a blessing for their home grown tech ecosystem. There is no path to a green card or citizenship for anyone who immigrated in the last ~15 years, and the top 5% talent that used to come over by default is now working at or founding companies at home instead. This is directly correlated to the number of tech unicorns in these countries growing exponentia…
Thanks to "consulting" companies' abuse of H1B. We should've just have a stack ranking of H1B candidates, based on income (and severe penalties for regression in comp, so you can't just do it for the visa). This would immediately break companies like Infosys that simply spams the lottery system with bogus applications.
Note this was in 2007, during the height of the H1B body shop scams. The USCIS visa system was overwhelmed by companies like Infosys and Tata just submitting 1000s of applications for clearly underqualified, yet cheap candidates for jobs that didn't exist. This writer probably got their visa rejected over a less qualified candidate because of the quota limits for H1b.
This is unfortunately still the case. H1B lottery is still a thing. I had to lose a team member and the person saw a similar email in their inbox. Sucks!
The lottery is still a thing, but I vaguely recall that a few years ago they slapped down some of the foreign outsourcing companies that were abusing the system. I'm I remembering correctly?
Earlier quoted context omitted.
People are making an error based on the past 20 years of debt binge and capital flooding that took over the world. When the FDI dries up, India is a very weird place. The energy costs will put a number in Asia and Europe in the next decade with dramatic food security challenges. Overall, at macro level, US beats India, but are there positive offshoots in some niches.. perhaps!
Not all countries are blessed with the nature's bounty that the US is blessed with. I agree Energy is something India will be working on furiously in the coming decade. I presume both nuclear and renewable will be expanded rapidly. In the interim, India does have good relationships with most energy producing countries (Russia, Saudi). What food security challenges does India have? India has been much poorer in the pa…
It sounds like a trivial price increase maybe to some people in more affluent countries but some in Latin America, it was a pretty challenging price increase.
My personal groceries bill is about 25$usd per week, meat vegetables and a bit of cereal goods. Used to be less within a decade ago, but hey what can you do - North America I was paying closer to 100
US immigration policies for Indian and Chinese nationals has been a blessing for their home grown tech ecosystem. There is no path to a green card or citizenship for anyone who immigrated in the last ~15 years, and the top 5% talent that used to come over by default is now working at or founding companies at home instead. This is directly correlated to the number of tech unicorns in these countries growing exponentia…
US immigration policies for Indian and Chinese nationals has been a blessing for their home grown tech ecosystem. There is no path to a green card or citizenship for anyone who immigrated in the last ~15 years, and the top 5% talent that used to come over by default is now working at or founding companies at home instead. This is directly correlated to the number of tech unicorns in these countries growing exponentia…
People are coming to the US, learning about technologies, and bringing those back to other countries with plenty of people willing to use them. In the longer term, this will result in more, better technology, all over the world.
There will be more net good than if all such technology were concentrated in the US, though the US will have less domestic benefit than it would have otherwise.
Earlier quoted context omitted.
People are making an error based on the past 20 years of debt binge and capital flooding that took over the world. When the FDI dries up, India is a very weird place. The energy costs will put a number in Asia and Europe in the next decade with dramatic food security challenges. Overall, at macro level, US beats India, but are there positive offshoots in some niches.. perhaps!
Not all countries are blessed with the nature's bounty that the US is blessed with. I agree Energy is something India will be working on furiously in the coming decade. I presume both nuclear and renewable will be expanded rapidly. In the interim, India does have good relationships with most energy producing countries (Russia, Saudi). What food security challenges does India have? India has been much poorer in the pa…
India's past issues with food scarcity were due to a combination of mismanagement and theft. Partly the british empire and partly the lack of skills in India. Widespread crop failures haven't been a thing for a while now.
[flagged]
In the early 1990s when I came here, the prevailing wisdom was that its categorically better to immigrate to the US from India if you get a chance. India was too far back in the tech space, too much bureaucracy, corruption, red-tape etc etc... In the 2020s, the consensus is quite mixed. A lot of people I personally worked with, who successfully got their visas and green cards, have given it all up and gone straight b…
A major reason countries like the USA and the UK flourish is stability. Stability is not something india has and that is a very difficult thing to put a price on. Indian capital markets are not transparent though that is less of an issue for startups. What should be telling is the number of "Indian" startups that are registered in places like Singapore.
I have to rain on your parade but there are many aspects of life in India that money cannot solve. I am no fan of the USA either but the "gun culture" thing is a strawman that doesn't affect daily life in the cities. It is certainly a problem but not a problem that many make it out to be. Be careful with the healthcare argument too. India's legal and police systems are a joke and their healthcare system is cheap but kills millions every year due to medical negligence. The US healthcare system - for all its flaws - has some of the best outcomes provided you have enough money to access it.