Since forcing Americans to train their replacements before being fired finally received some press, keywords like H-1B, L-1, F-4 and immigration have been scrutinized by the American public as just a lot of noise to displace U.S. workers. In other words, the American people are not so fooled anymore on methods to lower wages and displace U.S. workers.

Enter the new type of rebranding of wage arbitrage, keyword innovation policy.

The meeting offered a window onto the state of innovation policy — how it is being defined, and what countries are doing. Above all, innovation policy is an attempt to bring some coordination to often disparate government initiatives in scientific research, education, business incentives, immigration and even intellectual property.

While the U.S. does need an innovation policy, watch out, it could be just another code word for denying Americans career stability, opportunity and instead flooding the U.S. with more foreign guest workers. In other words, a hidden method to once again manipulate the U.S. immigration system to labor arbitrage.