Politics
Chamath Palihapitiya Says H-1B Visa Program Abused for Decades, Best Candidates Now Excluded
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"For the last 15 or 20 years what's been happening. You have farms of applications from a handful of companies. 20,000 slots open up, 800,000 applications flood in. So you can't stipulate abuse because what that means is the odds have become so overwhelming that the next Elon or Urs Hölzle was already being shut out of America. I sure as shit would never have gotten an H-1B in the way that the program works today."
Tech investor Chamath Palihapitiya, who came to the US on an H-1B visa in 2001, stated that the visa program has been systematically abused by companies flooding the system with applications, making it impossible for exceptional talent like Elon Musk to gain entry today. He argued immigration is good but the system needs reform to restore trust with Americans who see wage suppression rather than exceptional talent.
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