Why not? India is obviously growing, China is growing, while US.. You know.
Beware The Reverse Brain Drain To India And China
11–20 of 25 posts
Re: Beware The Reverse Brain Drain To India And China
#12And I noticed that India tops the Google trends for both startups and hackernews. http://www.google.com/trends?q=startups http://www.google.com/trends?q=hackernews
Re: Beware The Reverse Brain Drain To India And China
#13The statistic of people moving into senior management on moving 'home' suggests that companies in developing economies feel that they need American trained executives to compete with American companies. So all this might mean is that middle managers in US companies are being automatically promoted into senior jobs in foreign companies because those companies feel insecure. This is great for the bank balance of those…
Re: Beware The Reverse Brain Drain To India And China
#14Having said that, the energy in India is quite palpable. There is a sense of possibility that is very compelling, despite all the barriers that still exist. So I don't think I'm going to regret the decision from the perspective of personal growth either.
Re: Beware The Reverse Brain Drain To India And China
#15He didn't quite claim that the only people who might disagree with him are xenophobes, but I do think he implies it.
People who have read my posts on hn are probably aware that I take a less enthusiastic view of the high tech visa programs, especially the H1B. I resent the implication that this makes me a xenophobe, as I absolutely believe that a healthy, substantial percentage of foreign nationals at our universities and in our high tech work force is without question a good and positive thing. But I think we pushed it to the point where these visas were used by high tech as a crutch, and allowed engineering careers to slowly become uncompetitive with law, mba, medicine, and so forth (a RAND institute study recently confirmed this, suggesting that the "low interest of US students in science/engineering will reverse when pay and other work conditions improve" (yes, I'm paraphrasing)
I'm not as optimistic, because you can't just revive these professions once they are decimated.. Americans were deterred from engineering to the point where they lost all interest, and these visa programs were the only way to get students. But guess what? The day will come (and soon, it appears) where we can offer as many visas and green cards as we like, but we won't find any takers.
Eventually, someone has to recognize that it wasn't wise to allow Americans to become a small minority in american engineering ms/ph.d programs, because nobody is more likely to stay in the US.
Re: Beware The Reverse Brain Drain To India And China
#16Re: Beware The Reverse Brain Drain To India And China
#17This is a reasonable article, and Vivek Wadhwa is certainly entitle to express an opinion, but I do strongly object to his statement that "xenophobes will cheer" these findings. He didn't quite claim that the only people who might disagree with him are xenophobes, but I do think he implies it. People who have read my posts on hn are probably aware that I take a less enthusiastic view of the high tech visa programs, e…
I think that it's reasonable to ask whether America should pay to educate folks who won't stay here and contribute.
Re: Beware The Reverse Brain Drain To India And China
#18The statistic of people moving into senior management on moving 'home' suggests that companies in developing economies feel that they need American trained executives to compete with American companies. So all this might mean is that middle managers in US companies are being automatically promoted into senior jobs in foreign companies because those companies feel insecure. This is great for the bank balance of those…
At the same time, when economy of China/India has enough domestic demands to sustain itself, the need for U.S. trained managers will decline. For those middle managers, betting the growth of domestic markets and starting to learn the market from now on also plays a factor.
Rather than a reverse brain drain - it could just be the Dilbert principle.
Re: Beware The Reverse Brain Drain To India And China
#19That's a bit of bait-and-switch. The concern shared by 86% of Americans is over illegal immigrants that take low-skill jobs away from Americans (particularly black Americans in the cities, where this is a huge and underreported issue), commit crimes at a disproportionate rate, and consume social services to the point that a number of US hospitals have had to close down due to non-paying illegals.
In the third sentence it's suddenly about "skilled" legal foreign workers, which is rarely the focus of the "xenophobes" (nice ad hominem!) These are two entirely different issues.
I should add that I'm married to a Chinese woman with an MD and an MS degree. Whenever I've raised the issue of living in China she stomps it down right quick. OTOH, her best friend's son when back after getting his degree b/c of the opportunities and he's doing great.