Banks, hedge funds need H1B visa holders for AI jobs

For all the complaints in Trump's America about immigrants and threats to suspend visas like H1B, some areas would be woefully understaffed without talent from outside the country. They include the growing sector of artificial intelligence/machine learning. A recent study from MacroPolo, a thinktank run by the Paulson Institute in Chicago (founded by former Goldman Sachs CEO Henry M Paulson) found that only 20% of the world's top A.I. researchers come from the USA, while 29% come from China. The remainder are from Europe (18%), India (8%) and elsewhere. Even though the U.S. ony accounts 20% of top tier A.I. researchers (as defined by the nationality of individuals submitting papers to the 2019 Neural Information Processing Systems (NeurIPS) conference), the MacroPolo study found that it employs 59% of the top A.I researchers in the world.