A hugely overlooked point. If FAANG etc want talented people, and couldn't hire H1Bs, they might have more of an incentive to try to influence education and to train people with aptitude but lacking learnable skills.

As of now, both the K12 system and college education seem in freefall in terms of quality and applicability to careers. No doubt those companies will devote their money to lobbying to keep hiring H1Bs instead of training the talent they need here, since they're just profit-optimizing functions, rather than humans with morals.