My sensationalist headline aside, the Bill and Melinda Gates Foundation is doing some serious work on global health, and the man himself is focusing on the economic variety. Gates went before Congress recently to diagnose the U.S. with what you might call Acquired Intelligence Deficiency Syndrome—a shortage of knowledge workers due to strict immigration policies, poor domestic high-tech education, and low government spending on R&D. Microsoft published a transcript of the testimony.
Given the security concerns surrounding immigration and terrorism, safely increasing visa quotas might not be as easy at it seems. But it should come as a wake-up call that one of the primary pillars of the information society can't get enough people to staff his business.
In a creative economy, the efficiency of outsourcing butts up against the fact that location is very important—if your workers can perform their tasks from anywhere, chances are they will want to be somewhere good. And as the country that advertises its freedom and opportunity, America should maintain a comparative advantage in real estate. My guess is that earnest national loyalty motivates Gates along with economic self-interest.
Thursday, March 22, 2007
Brain AIDS Discovered in America
Posted by creation of the nation at 6:11 AM
Labels: h-1b visas, high technology, IMMIGRATION, knowledge work, Outsourcing
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