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Wednesday, October 01, 2003
NYTimes article about H1-B drop.
This is treating the symptom, not the cause. Many tech jobs are gone for good, or at least until the US loses it's comparative advantage in higher-value goods. Innovation is - like it always was - the answer. What we need is a lot more great ideas - Googles, if you want - to give people innovative things to work on. Do you think the irrationality of a lot of VCs could have something to do with this? Do you think VCs can stifle innovation as much as they catalyse it?
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