Elon Musk in WTF podcast Episode 16 warns of H-1B visa misuse by outsourcing companies
Elon Musk, in Nikhil Kamath’s podcast, raised considerations over the H-1B visa programme, claiming that outsourcing companies have exploited the system. The billionaire entrepreneur acknowledged that some companies have “form of gamed the system on the H-1B front,” as quoted by Musk sometime of the podcast.
His feedback attain amid rising scrutiny over international labour and its impact on American jobs.The remarks follow policy adjustments within the US, the build President Trump signed a proclamation introducing a singular annual fee of 1 hundred thousand dollars for H-1B visa applicants. The pass objectives to decrease reliance on international workers within the technology sector, in step with White Apartment officers.
‘US Benefited Immensely From Indians’, Says Tesla CEO Elon Musk, Warns US Against Scrapping H-1B
Outsourcing companies below scrutiny“I judge there’s been some misuse of the H-1B programme,” Musk acknowledged in Nikhil Kamath’s WTF podcast Episode 16. He added that outsourcing companies are in particular accountable for manipulating visa allocations to bring in international workers.President Trump’s policy requires companies applying for H-1B visas to fulfil the unique $100,000 annual fee. White Apartment Press Secretary Karoline Leavitt emphasised that the President is committed to keeping American jobs whereas encouraging international investment within the US. Leavitt acknowledged, “The President does no longer crimson meat up American workers being changed… He desires to witness the American manufacturing alternate revitalised better than ever before,” as quoted by White Apartment officers.
HIRE Act considerations for IndiaFrail Reserve Financial institution of India (RBI) Governor Raghuram Rajan has highlighted doable dangers posed by the proposed US Halting International Relocation of Employment (HIRE) Act. “One in every of our finest considerations is no longer lots the merchandise tariffs nevertheless whether or no longer they strive to procure ways of imposing tariffs on companies. That is a risk,” Rajan acknowledged in conversation with DeKoder.Rajan defined that the HIRE Act might well well additionally instantly affect India’s facts technology and companies exports.
He added, “The US Congress is debating the HIRE Act, which objectives to tax outsourced work. How that’ll be implemented is anyone’s count on, nevertheless this creeping of tariffs beyond items to companies to Indian company into the US thru the H-1B route – these are all considerations,” as quoted by DeKoder.Impact on the US tech alternateThe discussion on H-1B visas in Nikhil Kamath’s WTF podcast Episode 16 has highlighted the challenges going thru the US tech sector.
Analysts present that international talent performs a mandatory position in innovation, nevertheless there are rising debates on the balance between global workers and home job alternatives.Elon Musk’s statements within the podcast have introduced extra attention to the H-1B programme and outsourcing practices, reinforcing scrutiny from policymakers and alternate leaders. The programme’s reforms and doable implementation of the HIRE Act proceed to generate dialogue globally.
