JD Vance’s use of the words ‘indentured servants’, describing foreign tech workers in the US triggered strong reactions.
“When Amazon hired me on an H-1B visa , Amazon was making losses for 10 straight years. “Today AWS contributes more than 60% to Amazon’s profit. “If you are working as an H-1B visa in the United States of America, you’re earning $20,000 less than an American citizen hired in the same position. If you were brought in by one of these foreign outsourcing firms, you’re making $48,000 less than an American citizen in a similar position.
The restriction announced is also not on H-1Bs but on Green Card sponsorships for their employees. When Vice President JD Vance announced the restriction, he mentioned the H-1B visa workers and called them bonded labor.
Amid overall outrage against Vice President JD Vance’s “indentured servants” comment, Indian entrepreneur Shobhit Mathur, co-founder and vice chancellor of a private university in India, recalled his employment with Amazon in the US and said how such “indentured servants” helped Amazon grow over the years and how Jeff Bezos went on to become the world’s richest man at that time. I was in the initial team that built AWS,” Mathur said. Good luck building companies and wealth without these ‘indentured servants’,” Mathur, the VC of Rishihood University said. You bring in indentured servants from outside the country, you lay off American workers and, if you’re a corporation, you make a ton of money by under cutting the wages of American workers, replacing them with people who frankly shouldn’t be in the United States of America to begin with,” Vance said. India officially objected to the use of the words and said i was unwarranted as talent mobility from India to the US help US companies with “cutting-edge talent, innovation, research, productivity, competitiveness and job creation, besides creating shareholder wealth.
It was operating out of a rented building where we worked on door desks in small cabins. The stock price has gone 300x. Amazon’s buildings have changed the skyline of downtown Seattle. Jeff Bezos went on to become the world’s richest man. “There were about a hundred H1B visa holders like me in the initial team of Amazon. In its continued effort to weed out visa abuse, the Donald Trump administration stopped the Green Card process for workers in eight IT majors: Microsoft, Adobe, Cognizant, Infosys, TCS, Wipro, HCL Technologies and Capgemini. Amazon and Google were not named. So I’m sure that everybody here understands the game that is being played. You use AI every day. Now get your AI Quotient. Take the AIQ test.