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cute_boi | 3 months ago

It is all due to outsourcing. AI/H1B isn't taking that much job. Unless government put penalties on outsourcing market isn't going to improve.

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bottlepalm|3 months ago

I'm seeing like 80% of software dev applications at my company are H1B/OPT, like thousands of candidates - and they're getting hired just because of the sheer numbers they drown everyone else out. So yes, they are 100% taking jobs. A lot of them. I can't comprehend how there are so many.

rightbyte|3 months ago

Maybe there is some pool of candidates that applies to all jobs due to automation making the numbers scewed?

intended|3 months ago

The market is K shaped.

The peope will wealth are doing well, the rest of the market is not.

There are only so many apps and goods that can be made for rich people/small subset of consumers.

I bet you will find that people working on investment ideas and finance tools which focus on wealth accumulation will be hiring.

itake|3 months ago

yep. Trump added tariffs on physical goods, but there are no taxes on service imports.

ivankra|3 months ago

Section 174's 15 years amortization rule on foreign R&D is kind of an indirect tax.

brightball|3 months ago

There was talk of it. I believe the H.I.R.E. Act that’s been proposed is supposed to add a 25% fee to outsourcing overseas.

dilyevsky|3 months ago

Wait until you hear what he did to h1b program!

BergAndCo|3 months ago

"H1B isn't take that much job"

When is YC going to add "This account is based in..." like X has?