H1B here myself but someone who moved here during one of the years that had surprisingly lax demand for H1B visas. I moved here for a startup as the first engin

H1B here myself but someone who moved here during one of the years that had surprisingly lax demand for H1B visas. I moved here for a startup as the first engineer with a pay much lower than what I could have gotten in the market. It was purely because there was no demand for H1B that year that I got in. Every year since then has been the top 3 Indian companies stuffing the applications. However, the current rule change would shift the balance from consultancies to big tech companies. Startups do need talent too and there are people like me who are willing to take a pay cut in exchange for a reasonable equity. The winners of this rule change would be big tech companies - not necessarily the US in general. What the US needs is a point based system with automatic green card in x number of years. This would allow the government to prioritize "desirable qualities" (education, age, salary and whatever you want to optimize for) and balance them out (e.g, I could get points for my education instead of my salary and still qualify). The automatic green card option would then open up the employees to work anywhere they want instead of the company that sponsored them thereby preventing wage suppression.