The most noticeable impact that will have is shift many many jobs to immigrant friendly countries in the same time zone like Canada, or just straight to India. That'd be a lot of taxes and local consumption happening outside the US.
Take places like Japan, negligible work immigration but wages haven't really been growing along with productivity.
Sounds like an opportunity for a tech maquiladora in Mexico or points farther South. Mexico has the benefit of low cost of living and easy access to the US. I placed people in Buenos Aires and it has a standard of living similar to any large city in the US.
It is already happening here in GDL, Mexico. Several start ups have opened dev shops down here. They have a competitive advantage and plenty of comparatively cheap talent to get from big companies like Oracle, hp, IBM, Intel, Tata,Cognizant, among others that already have bored developers.
Haha yeah ive had work visas in both ca and the us. Ca is much more straightforward. It’s not easy, but it’s not riddled with hostile confusing BS like the US process is
Huh, till a few years ago you become a Permanent Resident in some provinces, just for being a tech worker in the US. No need to have even visited or ever worked in Canada on their work visa.
Take places like Japan, negligible work immigration but wages haven't really been growing along with productivity.