Companies want to cut costs. They will.
If you don't bring more fungible labor into the US, the jobs will be offshored.
Look at what just happened to film labor in 2022-2023. The industry was burgeoning off the heels of the streaming wars and ZIRP. Then the stikes happened.
Amazon and Netflix took trained crews in the Eastern Europe bloc and leveraged tax deals and existing infra in Ireland and the UK. Film production in LA and Atlanta are now down over 75%. Even with insane local tax subsidies - unlimited subsidies in the case or Georgia.
Software development will escape to other cheaper countries. They're talented and hard working. AI will accelerate this.
Then what? America lost manufacturing. I think we've decided that was a very bad idea.
We need to move the cheaper labor here. More workforce means more economic opportunities for startups and innovation. Labor will find a way as long as the infrastructure is here.
De-growth is cost cutting and collapse. Immigration is rapid growth, diversification, innovation, and market dominance.
All those people start buying from businesses here. They start paying taxes here. It supercharges the local economy. Your house might go up in price, but way more money is moving around - more jobs, more growth, second order effects.
America doesn't have the land limits Canada has. And we can set tax policy and regulations to encourage building.
I'd rather be in an America forecasted to hit 500 million citizens - birth or immigration. And I want to spend on their education. I want capital to fund their startup ideas. I want the FTC/DOJ to break up market monopolies to create opportunity for new risk takers and labor capital.
That was the world the Boomers had. Exciting, full of opportunity. That was the world of a rapidly industrializing America.
Right now, the world we have ahead looks bleak. People aren't having kids and we aren't bringing in immigrants. We'll have less consumerism, less labor, and everything will shrink and shrivel and be less than it was.
If you really think that companies are moving out of country because "there's not enough talent", despite having some of the more relaxed tax codes and most talented universities here: well, sure. That would be hopeless. It also sounds like you're buying snake oil.
They had decades to off shore, and they chose not to. I don't think Ai in the near term (<15 years) is going to change that dial much. If they do leave, there's plenty of talent to fill the void.
> We need to move the cheaper labor here
Very smart & pragmatic.
however political sentiment is going the other way - which is an own goal
> If you don't bring more fungible labor into the US, the jobs will be offshored.
Offshoring is not always a substitute for an employee chained to the job by a visa. I'm sure you can get a million and one anecdotes here on HN about the perils of working across timezones, cultures, and legal systems.