I really want to believe this, but I'm not sure that I do. Of course the tech companies want to hire people from overseas; being able to hire someone from India for half the cost but have them live in the US so there's some level of accountability/trust is a no-brainer. Huge new, cheap talent pool. But, if I'm an entry-level, US-based programmer, what I see are floods of cheap talent, some with questionable skills, c…
To me the most interesting way of framing this is in terms of the changes that'll happen to the owners of businesses. The question of the talent of the new employees is secondary when you realize they will have to move countries in order to be tied to a specific job on penalty of getting their visa revoked . So suddenly, you create an unlimited class of employees with no bargaining power, and can play them against yo…
This is true if you hire from third world. I am from Northern Europe, and having a visa revoked and going back to my home country would not be a threat to me. I'd just happily move back home, and find a job there.