There’s not much to love about big tech these days. So many ills can be laid at its door: social media harms, misinformation, polarisation, mining and misuse of personal data, environmental negligence, tax avoidance, the list goes on. Added to which, Silicon Valley’s leaders seem all too keen to cosy up to the Trump administration, to shower the president with bribes – sorry, gifts – and remain silent about his worsening political overreach. And that’s before we get to the rampant “enshittification”, as the tech writer Cory Doctorow describes it, which means that by design many big tech products have become less useful and more extractive than they were when we originally signed up to them.
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But if net immigration to the U.S. stays in the red, the primary long-term effects would be fiscal in nature, as a shrinking workforce will do no favors for the country’s national debt. The Deloitte researchers wrote that immigration tends to have a “positive effect on the federal deficit, allowing revenue to rise faster than expenditure.”