PU Disadvantages of Using Visa Workers Discussion Responses

Reply to discussions:

1st topic: IT work force

notes: only for it work force

In response to your peers, review your classmates’ posts and express support or disagreement. You are required to comment on at least three other students’ posts. Use the RISE model for providing feedback, constructing responses that foster discussion and reflection

1.

Utilizing visa workers can allow organizations to fill labor gaps. It can help bolster skillsets. It can help build diversity. It can do all these things if used for the right reasons. But if it’s used because it’s cheap, it can have negative affects. It can caught low morale if your US based workers feel taken advantage of. It can put more stress on your US based workers if they have to do more because those employees aren’t on site. And it can cause accountability issues since enforcing standards is hard from a distance.

US Corporations have no legal encouragement to keep workers local. Quite the opposite is true. As profits soar for corporate leadership teams, the quest to increase margins encourages companies to seek cheaper solutions. The only thing that will hold them accountable is the consumer. But consumers are lazy and cheap. So they do a cost to benefit analysis and decide they’d rather have a cheaper product then pay for a company that maintains a local workforce. It’s a problem of our own making, that companies have been taking advantage, and will only continue if not increase.

2.

As I hope to become a member of the IT workforce, the interplay between domestic and foreign talent captures my attention and concerns. Looking into the world of H-1B visa workers, outsourcing, and the rise of telecommuting, it is evident that the landscape of IT employment is changing, and with it comes both opportunities and challenges.

Some pros of H-1B workers and outsourcing are accessing a global pool of talent, and bringing diverse skills and perspectives to the organization. Outsourcing can be more cost-effective, allowing companies to optimize budgets and reallocate resources.

Cons might include the potential for exploitation, firms might pay H-1B workers less than their domestic counterparts, exploiting foreign talent for financial gain. Diminishing local opportunities, and relying too heavily on overseas talent could reduce opportunities for local talent, affecting domestic employment rates in the IT sector.

U.S. corporations have an inherent obligation to support the American worker. While leveraging global talent is not unethical per se, abusing programs like the H-1B visa system to sidestep hiring domestic talent or to pay lower wages is problematic. It’s not just about legality; it’s about ethical corporate behavior. Even if a loophole allows cost-cutting at the expense of ethical employment, exploiting such gaps conflicts with the company’s moral duty to its home country’s workforce.

My Advice for corporate America would be to Invest in education and training, foster relationships with educational institutions to nurture and hire local talent. A long-term investment in the domestic talent pool will reap rewards in terms of loyalty, understanding of local markets, and socio-cultural alignment.

Topic 2: Emerging trends

Notes:

In response to your peers, compare your answers and assess if there are elements not addressed in either of your responses.

1.

Technology is ever-changing, and the pace at which technology progresses continues to increase. As we approach a new generation with more AI integration, risk itself will continue to evolve, which will also require the evolution of risk managers. Within many sectors of the job market, regulation and compliance will dictate how quickly AI can gain access to and widen the scope of activities permitted by AI technology.

Hodge (2020) stated that using AI technology would allow risk managers to shift away from identifying risk to increasing security around the data and identifying longer-term business risks. This will take time to happen. AI will continue to grow at an extreme pace but will be limited to the level of involvement by regulators. As the technology of AI continues to grow, the level of precision and security will also increase. Because this technology is still relatively new, there needs to be more certainty behind the security and accuracy to take on crucial infrastructure such as the financial world. The financial sector requires a lot more safety and precision than, say, manufacturing.

Until AI is perfected to the point that it becomes socially acceptable and companies grow to be able to allow these types of potential losses if AI makes a mistake, I believe that we will not see AI get involved with crucial infrastructures such as healthcare, financial systems, and other privacy intensive industries. Currently, there is no way to shift the responsibility for being wrong to the AI platform, so we will continue to require human risk managers to oversee the crucial activities needed by businesses.

2.

n this article, I believe the most important point is the portion where it is believed that technology will advance so much through the years to the point that it will even carry itself, meaning that it will be automated, no human input will need to be involved. (Hodge, 2020) I truly believe that this trend will be the most important in 5 years. Technology advances rapidly, and with the idea of self-learning computers, we would really need to be cautious. Self-driven computers will still be needed to be watched. Computers may try to mitigate risks for the wrong reasons, like following patterns that does not affect the risk factor at all. It would be a huge leap forward in terms of risk management, but it will need to be on constant vigilance.

3.

AI and data analytics in risk management will grow even more crucial over the next five years. With its real-time processing and analysis of massive amounts of information, AI’s predictive powers can significantly help detect and reduce hazards. Furthermore, as firms face more significant pressure to include environmental, social, and governance (ESG) considerations in their plans, the increased emphasis on these concerns will continue to influence risk management approaches.

Remember that a trend’s significance might change based on the industry and unique dangers to which a business is exposed. As a result, risk managers must maintain their flexibility and adjust to new trends most pertinent to their circumstances.