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AllThingsD.com Senior Editor Arik Hesseldahl on the impact of immigration policy on the technology sector in the U.S.
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Masters Intel HB Google all praising -- immigration immigration act monitors for a group of senators as I said earlier.
Including.
Senator Marco Rubio.
-- -- and -- talk about the potential impact on the tech industry and what is going on this the tech industry isn't exactly dollars -- -- -- senior editor.
For all things.
It in my opinion the Bane of the technology sector because it's been new issues abused and misunderstood.
Four.
Ever yes exactly but when you talk to tech executives across the political spectrum.
Paul Otellini to vote Republican church -- devoted Democrat.
They all but chamber of commerce La Raza and -- you -- the same -- same -- exactly the basic argument goes like this.
When.
Us foreign students come the US study in our universities and colleges they get Ph.D.s especially Ph.D.s and the ones in the very much in demand.
More often enough to have to leave and more often they would like to -- and create companies and I can name we have great companies school started by.
Russian immigrant were a nation of hamburger -- if everybody gets all that throw people don't get is why with the H one B.
-- these.
-- which is to bring him.
Technology -- workers and tend to go to Indian outsourcing companies.
Primarily in this country they take the preponderance of the available.
Each one -- secondly these levels there are four levels of H one -- and they don't take them and place them under the highest technological.
Either education or work that they will be doing instead they faults with the lower levels.
Of the H one B in terms of skill sets and education.
This is preposterous.
-- I think it's entirely possible that that may -- the -- I'm not familiar with all the levels -- what I do know I do know that.
More often than not one thing that I do covers the segment of the technology -- -- a big data.
And that requires a lot of special special let me let me be a quarter let me be clear or even as I.
-- interfere in the conversation but real difference facts I absolutely support I want every person with higher levels of education.
With higher skill sets in this country of available to.
American enterprise.
Entrepreneurs.
Innovation I want -- at all.
I wanted to be straight with the American people chest once comes on everybody being straight about.
Right let's let's -- make sure we get that Ph.D.
Yeah get that -- one of the tricks that that big tech industries often asked for -- this as you've probably heard this -- before.
When you get that Ph.D.
get that H one -- be sustainable to the back to your diploma.
So you can stay.
Get the job with Cisco HP Intel whatever get -- relative job experience that you need if you wanna be -- -- -- -- Medical officer of the company agony a lot of great start -- right now that are run by companies but people from the eastern Soviet former Soviet bloc were here.
And I can tell you -- you know about a lot of engineers are computer.
Systems engineers.
Who haven't got work right now -- -- that is you know and people need to be honest about that -- -- -- to have technology with leadership.
That means going out spending their money to get people put him to work and innovate is still have.
You know what it puts Google got and cash and -- -- I we're talking about hundred we're talking under -- billion dollars each.
You know racially diverse -- the cash department or program yeah but the rest it's extraordinary -- we do have a screen about weapons for the substance.
-- -- -- -- -- This is cash.
-- -- -- -- -- -- Apple 137 billion.
Google 48 billion Microsoft 68.
Billion.
In -- Come on Intel Cisco -- up.
-- -- up -- here Cisco Cisco about a company in the Czech Republic today does were wandering into another tax policy and -- in this tech industry has been asking for a tax holiday to repatriate some like -- already -- a protectorate you know that's exciting yeah except for one thing.
Those check those -- leaders are not idiots wouldn't and the fact of the matter is -- very bright folks.
And that money should be -- it should be writing toward creating product and services and innovating.
It bothers me less about the tax policy frankly than the factored they don't obviously have an idea.
About lack of ideas were killed in the capitalist right and everyone of those executives have -- fiduciary responsibility to share I'm sure -- -- -- go up and they've got.
And I believe every -- -- That's very -- thanks much -- that appreciate.
