Said with a straight face, to Google and Microsoft CEOs who are both from India
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Are these hordes of unemployed cheap tech people in the room with us?
Hordes of unemployed tech? Yes. Cheap? No. Good thing tech can afford to pay Americans.
Maybe let them remote work. Ppl will take pay cut for that.
We won’t and please do not speak for us. We will however keep the “remote” bit thanks very much
— Ppl
There are hordes of unemployed techies for sure. American companies have been outsourcing everything and laying off everyone left and right. Everyone feels like it's only a matter of time before they're sent off.
In addition, Trump expressed dislike for the term "artificial intelligence" itself, saying he preferred a name that better shows the intelligence and power of the technology. “It’s not artificial, it’s genius,” he said.
So, like he wanted to rename Gulf of Mexico, now he will sign a decree forcing everyone to use GI (Genius Intelligence) instead of AI (or A1 if you ask his entourage)
How does number go up when payroll is big?
Tax cuts and bail outs.
Actually that’s the “problem” isnt it. There’s a tax loophole for tech industry payroll that was recently closed up if I recall correctly.
Tech workers can't be written down as R&D anymore, and get a big tax cut on the wages. Immediately layoffs started. That's what I recall.
Most big tech and other Fortune 500 companies open offices or outsource their network ops to Asia already, so there is no need for visas. Good luck getting those jobs back. Source: I work in telecom.
This will just further the business model of "We offer AI, but actually it's just Indians" with big tech companies gladly looking past the AI not being really AI
Feels like they took a look at the lump of labor fallacy and said, "How could we structure the country so that jobs really are finite?"
lol they won’t. Also, enough folks from India are here in the NW that there are minority support groups that specifically exclude them because otherwise they get very little representation. I believe the phrase is “non-Asian minority”, or similar.
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