Every initiative can be used wisely or misused. Understanding atoms led to Hiroshima as well as clean fuel.
I am a US resident based out of India and mentor a few students. I do talk a lot of PG and recently one of my students asked me as to why YCombinator would not come down to India to organize a camp and find worthy ideas deserving funding. These are students who, in the current scenario, need to first head over to US on a student or work visa, and then apply for YC funding. By the time they do that, most of them would have missed out a few precious years from the age PG writes about as the golden age for taking risks (and I agree).
This visa opens up those doors. Yes, it can be misused, but if a little use comes out of it and benefit the world, that is good enough.
US is losing out to India and China with respect to having a whole new generation being highly educated. This visa is a great measure to continue to attract talent from world over.
I am a US resident based out of India and mentor a few students. I do talk a lot of PG and recently one of my students asked me as to why YCombinator would not come down to India to organize a camp and find worthy ideas deserving funding. These are students who, in the current scenario, need to first head over to US on a student or work visa, and then apply for YC funding. By the time they do that, most of them would have missed out a few precious years from the age PG writes about as the golden age for taking risks (and I agree).
This visa opens up those doors. Yes, it can be misused, but if a little use comes out of it and benefit the world, that is good enough.
US is losing out to India and China with respect to having a whole new generation being highly educated. This visa is a great measure to continue to attract talent from world over.