> What do you think is going to happen to your bargaining power as an employee when your employer has an infinite workforce to draw from?

To assumption that there is a finite amount of work in the economy is called "lump of labour fallacy" in economics. It's not useful to ask "What if X were infinite and we held everything else constant?"

this relates to the economy as a whole, individual industries expand and contract their demand and given the advent of AI we’re in a contraction moment. I vote until the economy stabilizes we terminate H1Bs