I don't think anyone would argue against the fact that people born in India sometimes start valuable companies. My problem with the Economist article is, it expects us to take on faith that the current H-1B visa laws have much to do with it, that raising the cap and allowing mobility would make it even better, and that the benefits to American society actually outweigh the costs.

An aside - I wonder if any founders in that list came in on investor visas?

Is the TCS jibe not appropriate? And I think it was part of the GP's point...I suspect there is a big difference between the people who come in on H1B's to the top tech firms and those who come in on H1B's to TCS et al to outsource helpdesk services at a random F500.

I don't have a lot of experience with Tata and their ilk, but from what little I've seen, and everything I've heard, it sounds like they are just as bad as the typical low-level enterprise corporate IT drone you'd expect when that's what you're asking for -- and that's typically how they get involved. I'm sure they have other skill sets, and I'm sure there are some very talented people mixed in that pool, but I'm not convinced that the best of the foreign talent that we want to target is coming through those routes in significant numbers.

Right. Additionally, I personally wonder what effect lowering wages and worsening working conditions in entry level tech jobs has on the domestic talent pipeline.

That is, how many American students meditate on the ineffable mysteries of the efficient market hypothesis and then decide, hey, marketing is an easy major and the job prospects aren't that much worse than tech. Better -- how many did that in 2002?