No, Chinese will stay home instead of immigrating to the US.

China draws mainly on the talents of the best of its billion+ population. But America has had its pick of the best of the world's 8 billion people. If people stop immigrating to the US, then we will surely fall behind technologically, economically and militarily, and soon we will be making t-shirts for Chinese for $5 an hour.

For big tech 100k isn’t too much of a hit to hire the best AI researchers of Chinese descent, so they won’t be impacted.