Tech companies dont trust pedigree when it comes to programming.
*)Easier as in the recruiters will actually reply back or even them hitting you up instead of you getting ghosted when you apply, not that they make the interview process much easier for you, you still have to pass the same bar as everyone else but you have a much greater chance of being called back
Of course that is for algorithm interviews, in less objective interview formats you are right where you studied etc is a massive factor.
I don't think this is altogether a negative, if you're hiring an investment banker then yeah the rich or connected family they come with is a benefit so you're probably in a good space regardless.