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H-1B – a scheme to lower engineers’ wages
I'm not sure if the problem is the size of their brains or the size of their greed. I think a lot of legislation is done to directly benefit whatever special interest is lining the coffers of key legislators.— March 13, 2015 1:14 p.m.
AEG pulls out of L.A. stadium negotiations
Forbes has a track record of underestimating the value of LA teams. Forbes was WAY off on estimating the value of the Dodgers and the Clippers.— March 12, 2015 12:04 p.m.
H-1B – a scheme to lower engineers’ wages
Moore's Law will come to an end someday. Probably in the next 20 years. I don't hear many people in business talking about Moore's Law ending but everybody in the semiconductor industry is well aware of this. Moore's Law is the prediction made by Intel CEO Gordon Moore that the semiconductor industry will continue to double the number of transistors on a chip every 2 years. Amazingly, this trend has held true roughly since 1970. While innumerable technical obstacles have been made to continue this trend, and there will certainly be more breakthroughs made, there may be some fundamental limits approaching. Minimum device sizes (the smallest dimension of a transistor) on modern chips are approaching 10 nm (that's 10 billionths of a meter). How much smaller can these devices get? Most people can see devices getting down to maybe 3-5 nm, maybe around 2025, but there do seem to be some fundamental hurdles beyond that point. For one thing, these devices are starting to approach atomic size. A silicon atom is about 0.1nm across so we really are starting to approach atomic limits. Of course, there is always room for some fundamental innovation that ushers in something completely new. But I think that most people now - and in particular Wall Street - takes blazing fast technological improvements for granted. I don't know if that's a good thing or not. At some point this era of blinding fast technological change will slow down - and then all hell is going to break loose. Moore's Law WILL come to an end. We can't keep making chips twice as fast every year or 2 forever. It's just a question of when.— March 11, 2015 9:48 p.m.
H-1B – a scheme to lower engineers’ wages
Mike Murphy I think the 9/11 hijackers were here on a variety of visas - student, tourist, and business visas.— March 11, 2015 9:35 p.m.
H-1B – a scheme to lower engineers’ wages
Clearly importing more engineers hurts engineering wages. However, I think if they let in engineers who intend to become U.S. citizens and stay it could potentially help the U.S. as a whole. Letting in temporary workers is the worst thing that could possibly be done. Not only do wages get depressed in the U.S. but other nations get invaluable training for workers who return to their native countries. A temporary worker who works 3-5 years in the U.S. can return to his/her native country with skills and experience learned here. Those skills and that experience can be used to compete with U.S. companies. But hey, that all takes much longer than the next quarterly earnings statement to happen so who cares?— March 11, 2015 9:30 p.m.
H-1B – a scheme to lower engineers’ wages
Absolutely correct Don. The engineering shortage is a myth. A couple of more data points: Hiring at QCOM has been slow for at least a year and is certainly expected to remain slow for the immediate future. Electrical engineering as profession is projected to have only 4% growth from 2012-22 (per BLS) http://www.bls.gov/ooh/architecture-and-engineeri…— March 11, 2015 9:23 p.m.
AEG pulls out of L.A. stadium negotiations
I agree. Goldman Sachs appears to support the idea and GS is obviously a powerful entity. Of course, the whole thing could just be a big bluff to help force SD taxpayers to kick in some dough. But I'm not sure at this point what the Chargers' plan A is and what their plan B is. At this point I think moving to L.A. is their plan A and sticking it to SD taxpayers is plan B.— March 11, 2015 7 a.m.
AEG pulls out of L.A. stadium negotiations
My very coarse analysis: Leaving LA vacant has been in the NFL's best interest over the last 2 decades because it provided great leverage to persuade taxpayers to hand over money to NFL teams. Now that almost every NFL team has a new or renovated stadium there is little incentive for the NFL to keep the lucrative LA market empty. Therefore, there will soon be at least 1 team in LA. Once you put 1 team in LA, you might as well put in 2. Therefore, within 5 years L.A. will have 2 NFL teams - most likely 2 of the Rams, Raiders, or Chargers.— March 10, 2015 9:08 p.m.
AEG pulls out of L.A. stadium negotiations
Recent stories claim that Goldman Sachs is a major player in these negotiations - http://voiceofsandiego.org/topics/news/goldman-sa… Apparently GS is willing to put up a lot of financing for the Chargers if they move to L.A. but not so much if they stay in SD. "Coincidentally" an ex-GS man is considered the NFL's point man for LA.— March 9, 2015 10:35 p.m.
AEG pulls out of L.A. stadium negotiations
I think the Chargers will be playing in LA - it's just a question of playing in Carson with the Raiders or playing in Inglewood with the Rams.— March 9, 2015 10:30 p.m.