Chinese nationals, who often seek visas so that their children can receive an American education, account for a large percentage of EB-5 investors.
I recently connected with the VP of AI and Machine Learning at Unity Technologies, and we exchanged a couple of emails. This has led to our decision to having our students develop apps with the Unity game engine after building our chess-playing robot.
We are also working on having a group of students attend Unity Unite in Los Angeles in October.
On Thursday, November 15th @ 7 pm at the Larchmont Public Library, I will demo CHHE, an intelligent restaurant recommendation app and give a talk on applying artificial intelligence to local retail.
In addition, we are working on a Pokémon Go-type game called Ask, Seek, & Knock that will incorporate a new blockchain protocol called Avalanche.
Yong Zhao is a Foundation Distinguished Professor in the School of Education at the University of Kansas.
TJ: The EB-5 visa grants permanent U.S. residence to anyone investing a half million dollars in a U.S.-based development project. Eighty percent of EB-5 recipients are Chinese. According to a NPR report, Bryan Withall of Sino Outbound estimates that 70 to 80 percent of families are pursuing EB-5 visas for their children’s education. As “Wang” tells us:
I’m only doing this for my son’s education. He is in a good local school, but all they do is study for tests. The Chinese education system turns everyone into the same type of person.
Chinese students score higher than American students on international tests but many Chinese parents still want their children to be educated in the United States. Can you explain this?
YZ: I’ve written about this in various places, most extensively my book Who’s Afraid of the Big Bad Dragon: Why China has the Best (and Worst) Education in the World. The simple answer to this paradox is that test scores are not good indicators of education quality. In fact attempts to pursue test scores can be counter productive, damaging what actually matters for success in life, such as confidence, creativity, and love of learning.