A Quote by Nicholas Bloom
The high-tech industry needs the immigration of highly qualified labor, from India, from China, from everywhere.
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Everyone in the tech business, from Kleiner Perkins venture capitalist John Doerr on down, says that the ruination of the industry, if not the entire country, will come from the inability to hire more brainiacs from countries like China and India.
India does not need to become anything else. India must become only India. This is a country that once upon a time was called 'the golden bird'. We have fallen from where we were before. But now we have the chance to rise again. If you see the details of the last five or ten centuries, you will see that India and China have grown at similar paces. Their contributions to global GDP have risen in parallel, and fallen in parallel. Today's era once again belongs to Asia. India and China are both growing rapidly, together. That is why India needs to remain India.
The world may view India more benignly, but it does more business with China. It courts China; it needs China. Look at the genuflecting Europeans and the fork-tongued Americans!
Well, I think we are seeing some shifts in manufacturing. China, when you go in and you talk to the big manufacturers there, the biggest problems in mainland China are recruiting and retention. There isn't an endless supply of cheap labor anymore in China. And it's now true that the labor rates in Mexico are lower than in China.
A lot of young people just starting out unskilled, as all Americans do when they're born here, come to this country, and so the business community is for immigration. Big businesses, small businesses, high-tech, low-tech, the communities of faith, and the Republican leadership.
China invaded India, and there was a war between India and China in some of the disputed terrain in 1962, and India got hurt by that.
Producing fuel cells and solar panels requires high tech facilities and produces high paying jobs. The industry is booming in Arizona. The state already has about 100 firms in the solar industry and has grown 20% since 2003.
If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs are, China is not letting them in unless China gets to steal their intellectual property in a company that`s 51 percent owned by the Chinese.
The textile industry became a huge deal in 19th century America, kind of like the tech industry is today. And that immigrant tradition continues, especially in tech, America's most dominant and dynamic industry today.
What is qualified? What have I been qualified for in my life? I haven't been qualified to be a mayor. I'm not qualified to be a songwriter. I'm not qualified to be a TV producer. I'm not qualified to be a successful businessman. And so, I don't know what qualified means.
In India, we now see many highly qualified professionals ready to work in the rural hinterland and in their own towns and cities to tackle development issues directly without depending much on the government.
Our research centres are everywhere, in India, China, Turkey, Japan, and we all work as a team all the time.
In terms of building consumer products, the U.S. and China are ahead of India. The interesting opportunity for India is whenever there is a disruption in technology, it gives every country a chance to leapfrog and take a lead. To take an example, China is leaping ahead in growing the China electric vehicle ecosystem.
Imperialism and slavery are no white male monopoly, but are everywhere from Egypt, Assyria, and Persia to India, China and Japan.
Haredi youth are smart, and they are going to bring a big benefit to the high-tech industry.
What we wouldn't want to see is just a piece of legislation on border security and high tech immigration without focusing on the path to citizenship for the 11 million people who are here, and other provisions.
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