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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
Vitriol on X against Sriram’s appointment has so far led to what seems to me a very positive outcome: Sacks and Elon have publicly stood up for putting meritocracy over nationalism when it comes to solving the most critical problems facing the US and the world. A very silver lining to an idiotic cloud.
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amc
@amc
Is it actually about solving the world’s most critical problems or about squeezing out some more profit to line their pockets?
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tldr (tim reilly)
@tldr
It doesn't always feel easy for me to discern people's true intentions. But I also think that, in capitalism, when the selfish intention is aimed toward producing more – as it seems in this case – then unadmirable intentions can still be capable of producing public goods.
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amc
@amc
I think the H1-B debate is one of the more interesting ones taking place atm My issue is do the workers that come over on H1-B distort the labor market, and/or are employers incentivized to hire H1-B vs American workers? I don’t have enough information to put together an all encompassing viewpoint 100’s of thousands of white collar tech jobs have been lost over the last few years. My thought it that a productivity increase by the company does not make up for the ever dwindling middle class of America
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res ipsa ☺︎
@resipsa
both. the H1B ties you to one employer. if you’re unhappy you can’t leave until you find another employer who would take it over. the H1B runs out seven years after you first got it and you’d have to get a green card sponsored by an employer before it lapses or leave. the green card process is give-or-take two years and you can’t leave the company once it starts or else the green card application fails. the current structure is inherently anti-competition. it doesn’t incentivize employers to be good employers, which then affects everybody else. it’s indentured servitude for people who want to stay. if it’s really a matter of merit we would unchain them.
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amc
@amc
After learning more about the program and then seeing the jobs that are listed it’s clearly a form of indentured servitude. Insane that corporations can get a slip from the government that says no problem, go find someone who will work for 50% less (distorting wages) and by the way you can hang citizenship over their head. I’m all for more legal immigration, but definitely not the type that strictly benefits corporations at the expense of workers
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tldr (tim reilly)
@tldr
This is an interesting layer to the whole topic that I didn't know about. But the version of the question people are debating right now is still worth asking. Namely, whether the US should be open to giving work and citizenship to people from around the world who want it (Meritocracy). Or, to not do this in order to theoretically protect a class of American workers (Nationalism). I think the right answer here is Meritocracy. And then, once we decide that, we should make that Meritocracy work better for all the people involved not just the corporations.
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res ipsa ☺︎ pfp
res ipsa ☺︎
@resipsa
the US is looking at an aging problem that is on track to turn gnarly. according to the Social Security Administration, the OASI will be depleted by 2035. there will only be 2.3 workers for every social security beneficiary and life expectancy is only going up. high-skilled workers pay a lot in taxes. this H1B program, albeit broken and oppressive, has kept us on the long end of a global brain drain for decades. how else do nationalists wish to support our GDP if not through immigration?
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amc
@amc
Imo we have a lot of debt related challenges on our doorstep. Realistically we cannot work our way out of it via austerity, history shows inflating the debt away is the most likely solution Id imagine we get significant Social Security reform in the next 5-10 years. They’ve been telling my generation our entire lives there won’t be any left for us. If I’ve learned anything about the older generations in the US they’ll take everything they can that’s not bolted down and leave the big issues for us to solve later (while simultaneously blaming the younger generations for most issues in society)
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