So, a white pill of a small size. I follow a lot of the immigration Reddits. One story that is getting boosted is H1-Bs are being laid off a lot, especially in the tech sector. Now lawyers are telling them to switch to a B-2 visa. I feel the lawyers are doing this out of spite but also fatigue. An immigration lawyer I had to consult with for my immigration said he is swamped with H-1B issues constantly. Let's just say there is a type.
Now, a key component of a B-2, you cannot work or study. Your stay is on a 6-month timer. You have to leave, or else you will be banned from ever coming back to the US. This seems to be happening a lot, so if you are in Texas in 6 or so months, expect property prices to dip.
I will also give hope in Texas, especially the property market, and rents are starting to balance out, thankfully. As for jeet fatigue, it's through the roof. One letter I was talking to, just outright said, if you are an H1-B or B-2 Indian, they won't take you. Now, this was a lovely black lady who was from Prosper. Look up Prosper and jeet fatigue. The lawyer I was talking with just vented, which was pretty based.
As for AWS, they did those to themselves. They overshot their costs on AI and saw no return, and with commerce and retail being very conservative with spending. They had to eat it in losses. The Microsoft layoffs are going to be brutal. They have to fork out about 100 billion to OpenAI to keep that shitshow afloat. To put it into scale, Microsoft has about 102 billion in liquid assets. I say 100 because OpenAI has those data centres to build, but also needs about 30 - 50 billion to not fold.