"The US administration's decision to raise fees for 'H-1B' visas for skilled foreign workers to $100,000 could prove a seminal moment - not just because of the policy itself, but because of its timing. It comes at a point when global demand for AI, data and digital expertise is reaching critical mass, creating an opportunity the UK and other economies should seize with both hands."
"In particular, it could open up a new front in the competition to secure the best AI, data and digital talent. While we can't yet know the extent of the impact that the raised fees will have - some US tech companies such as Nvidia having reportedly pledged to pay the $100,000 regardless - it seems inevitable that it will make more top global tech talent available to other countries."
"In the Nash Squared/Harvey Nash Digital Leadership Report (DLR) the majority of digital leaders in the UK say their business is still in the piloting or small-scale implementation phase of AI, and two-thirds say they are yet to see demonstrable ROI from their investments."
The US administration raised H-1B visa fees for skilled foreign workers to $100,000. Global demand for AI, data and digital expertise is reaching critical mass, creating opportunity for the UK and other economies to attract talent. The fee increase could open a new front in the competition for top AI, data and digital talent. Some US tech companies such as Nvidia have reportedly pledged to pay the $100,000 regardless, but the change will likely make more leading tech talent available to other countries. Silicon Valley's workforce is nearly half foreign-born, and many UK businesses remain in piloting or small-scale AI phases without demonstrable ROI. When organisations rewire operating models through AI, access to the right talent will become the defining factor.
Read at ComputerWeekly.com
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