AI isn't replacing jobs. AI spending isn't either. It's outsourcing and can be easily confirmed by cross-referencing H1B approval rates with layoffs.
If you've been outsourced, ask your representative to support the HIRE Act:
- Creates a 25% tax on outsourcing payments
- Creates a “Domestic Workforce Fund” for apprenticeships/workforce development.
- Prohibits companies from deducting outsourcing payments.
If we're hypothesizing, then the thin wrapper organizations should or would bear those same taxation and penalty costs when outsourcing and their prices would also be going up.
What would be the point? If the outsourced devs are based in another country and the thin wrapper shell company selling outsourced devs as a service are based in another country, the expenses to either are likely be to reported to the IRS and State governments identically.
If you've been outsourced, ask your representative to support the HIRE Act: - Creates a 25% tax on outsourcing payments - Creates a “Domestic Workforce Fund” for apprenticeships/workforce development. - Prohibits companies from deducting outsourcing payments.