Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
I wrote in a previous post-Golden Goose that
Stanford is feeling the pinch. Well, now it seems Silicon Valley is feeling the pinch as well.
I read today that despite the economy reaching pre-Internet boom levels, the Valley is facing a serious brain drain. There are a number of reasons for this –
1. Highest cost of living – it costs more than $500 a square foot to buy a match box size condo in my area.
2. Salary increases are not keeping up.
3. Severe traffic
You can say that again! 4. Severe traffic.
5. We can’t get the Chinese and Indians to stay!
I attended a citizen swearing in the ceremony a couple of years ago for a friend. There were about 1000 people in the auditorium. Clearly, one-third were from India, one-third were from China and one-third were from everywhere else in the world.
It’s not that way anymore.
1. The Indians and Chines are beginning to head home because of better opportunities in their home country.
2. US Immigration restrictions are also allowing fewer candidates from these two countries.
3. The quality of life here is not what it used to be.
If all the Brains are leaving to go back to China and India, and future brains are not allowed to come….what will be the long range impact on technology development here in the States?
What can we expect to come out of these two great countries?