Legal immigration is the reason silicon valley exists. Ask Mark Zuckerberg why he moved Facebook HQ to silicon valley. It is because that's where the engineers are. If legal immigration wasn't a thing Zuckerberg would have moved considerable number of jobs to places like Beijing, Bangalore and St. Petersburg, because that's where he would have found software engineers.
Canada, already a major center for AI innovation, will be the new silicon valley.
Edit: s/H-1B/immigration/g because the exact visa doesn't matter.
Canada, already a major center for AI innovation, will be the new silicon valley.
The corollary of this is that with our punishingly high personal income and capital gains taxes and dearth of good exits for startups, the only thing we really have going for us is our sane points-based immigration system. I work at a company with a lot of engineers who were trying to get entry to the US and gave up and decided to work towards PR in Canada instead.
We are essentially arbitraging America's dysfunctional immigration rules. If the Americans ever get smart and pass comprehensive immigration reform (hint - like Obama's Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 which never got a vote in the House and withered on the vine), tech in Canada is even more screwed than it is now.
Silly Valley and NYC aren't exactly low-tax areas, either. The difference is that in those places the pay makes up for it; if pay in Canada weren't so far behind the taxes would be a non-issue.
> the only thing we really have going for us is our sane points-based immigration system
I lived in Seattle and enjoyed it, but staying in America long term was never an option for me. There's so much more to living in Canada than just our immigration system.
Even with the pay cut for being in Canada, and even with the additional taxes, I still make enough money to not need to worry about money. More money would be nice, but it's not all that motivating.
Meanwhile, those taxes go to things I think are important: a strong public education system; a health care system based on need, not wealth; a safe, gun-free society; a safe haven for refugees in need.
In my office in Toronto, probably 1000+ Amazon devs could transfer to an American office and make more money. But we don't. The same goes for the even larger Vancouver office.
Our immigration rules are just one aspect of why devs live here.
I lived in Seattle and enjoyed it, but staying in America long term was never an option for me. There's so much more to living in Canada than just our immigration system.
You work at AMZN - I work at a US company in Canada too. Canada is a nation of branch-offices, largely because we have no VC-ecosystem, which is largely because we're a highly redistributive country with high capital gains taxes.
What makes us attractive for branch offices is that smart, hard-working, well-educated immigrants who can't make it into the US can often make it into Canada. Native born Canadians, OTOH, are leaving in droves (https://www.theglobeandmail.com/business/technology/article-...)
But we're a terrible place to start a company and exit, which is why it doesn't happen very often.
The original poster claimed that Canada could replace Silicon Valley - that's not going to happen without a better ecosystem for funding start-ups and rewarding founders.
As for those devs who choose to stay here when they could leave on a TN-1, make twice the money in the US after taxes and expenses (including health insurance and private schooling for kids), and work on more interesting problems at US companies, I encourage them to do the math. They're not doing themselves any favors living in unliveably-expensive cities earning pennies and not saving for retirement, and retirement will come a lot sooner than they think.
> our punishingly high personal income and capital gains taxes and dearth of good exits for startups
Yet, taxes are still higher in California than in Canada unless you make something like $350k+ (the crossover point used to be a bit lower but then Trump removed the State tax deduction).
The program was not a thing only because long wait times for a green card was not a thing. A lot of companies have a lot of Indians compared to elsewhere. But, majority of them is probably factually wrong.
Today's silicon valley is not the same as the silicon valley that existed before 1990. Take everyone that was ever on H-1B out of silicon valley, and there will barely be anyone left.
And great news for Canadians eligible to work in the US under a TN visa. Why work in Canada when you can dramatically increase your earnings and reduce your living costs?
As I corrected your lies in that thread, I'll correct them here as well.
H-1B visas had nothing to do with Silicon Valley. The H-1B visa was created in 1990. Silicon Valley had already existed for decades by then. How can H-1B visas be the reason that Silicon Valley exists if Silicon Valley predates H-1B visas by decades?
You do realize that H-1B visas aren't confined solely to Silicon Valley right? Zuckerburg could have gotten H-1B visas workers to work in Massachussettes. There are plenty of interviews by zuckerburg stating why he moved to california. It had nothing to do with H-1B visas.
And H-1B visas doesn't prevent zuckerburg from opening offices all over the world.
Canada is a country, not a small region like silicon valley. And if canada becomes the new silicon valley, good for them. Please stop repeating the same lies over and over again.
A lot of foreign born workers are not H1B because they got their green cards or citizenship. I'd safely say a majority of them were H1Bs till recently. Till 2008, getting a green card for any country was not a problem. It has gotten a lot worse since then.
I have and even more, I know people who work in silicon valley. Have you been there?
Ignoring the fact that "90% of tech workers there were born outside the USA" is absolutely false, what does that have to do with H-1B visas?
It could be true that 90% of tech workers were born outside the USA and none of them could be H-1B visa holders. There are plenty of american tech workers who immigrated to the US as a child and became american citizens. Like sergei brin or jerry yang. They may be born outside the US, but none of them are H-1B visa holders. They were all american citizens.
The fact that you are intentionally lying and being sneaky with stats is very worrisome.
Really? I’d be worried about doing R&D in China, given the track record of outright stealing anything that isn’t nailed down. You’d also have to wade through a Byzantine network of graft and family connections to get anything done, deal with the central government’s whims (imagine Apple in China telling their equivalent of the FBI to sit and spin), and hope that their opaque economic structure really is heading in a good direction. China gets the manufacturing business because of plentiful, desperate labor, but that’s just for manufacturing. Much of the other business there is a matter of gaining access to the Chinese market.
If China were to have continued its gradual openness before XJ, I would have agreed. Now, I have my doubts. Sure, innovation needs capital and it also needs an educated and skilled workforce, but it also needs freedom of speech to thrive and grow. Without freedom of speech, all you have is one giant copier. There's an intellectual cost to constantly having to determine whether you can say or write something without getting in trouble. imo A South Korean metro has a much better chance of replacing SV long term.
Legal immigration is the reason silicon valley exists. Ask Mark Zuckerberg why he moved Facebook HQ to silicon valley. It is because that's where the engineers are. If legal immigration wasn't a thing Zuckerberg would have moved considerable number of jobs to places like Beijing, Bangalore and St. Petersburg, because that's where he would have found software engineers.
Canada, already a major center for AI innovation, will be the new silicon valley.
Edit: s/H-1B/immigration/g because the exact visa doesn't matter.