If you have an auction based distribution all that will happen is faang and other big cos will get all their h1b offers filled (something like 2/3rds are denied

If you have an auction based distribution all that will happen is faang and other big cos will get all their h1b offers filled (something like 2/3rds are denied now bc they lose the lottery). This won’t affect the salaries at all bc they already pay much more than everyone else there. Nurses, university staff and yes some bodyshops will be shit outta luck. American new grads will find it even harder to land a job at faang and will have to settle for startups and smaller shops instead. Not sure if that’s really what we want...