"Business Insider spoke to AI executives outside Big Tech, who said they worry the fees could hinder progress and limit the potential of startups. It could also help the US develop its own talent, one of them said. H-1B visas allow US employers to hire highly skilled foreign workers for specialized jobs. These visas have become a mainstay of the tech industry, with tech giants and startups alike hiring thousands of H-1B workers every year."
""The strength of US companies has always come from access to the best global talent - talent that brings diverse perspectives, which drive innovation," he said. "Limiting access to global talent undermines progress, not just for individual companies but for the technology industry as a whole. We'll continue to support our employees and advocate for policies that allow the best ideas and talent to thrive.""
President Donald Trump announced a $100,000 H-1B visa fee via an executive order. AI executives outside Big Tech expressed worry that the fee could hinder progress and limit startups' potential while some suggested it might encourage domestic talent development. H-1B visas permit US employers to hire highly skilled foreign workers for specialized roles and have become central to the tech industry's hiring practices. The announcement prompted panic among executives, tech workers, and corporate lawyers as they examined the order's fine print. Arvind Jain, CEO of Glean, emphasized that access to global talent drives innovation and called for supportive policies.
Read at Business Insider
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