Xerox and Sun CEOs call foreign worker limit "moronic"
Nicholas Carlson · 03/10/08 12:30PMBy 2010, Asians will account for 90 percent of the world's engineers. Americans are increasingly too lazy to bother to get computer-science degrees. Yet the U.S. government refuses to raise the cap on H-1Bs, the visas which allow foreign engineers to work at American companies. "It's moronic," Sun Microsystems CEO Jonathan Schwartz tells a Stanford audience in this clip. "Because you know what happens? You put a limit here? Guess what we do. We go hire in Asia. We're not dumb. We want talent." Xerox CEO Anne Mulcahy chimes in: "And by the way we don't just hire there, we build research centers there."