Whatever the stated reasons for creating the program, it's the new normal.
The best part is, all companies know it is a scam. But they will abuse it anyway and any change against it will be heavily lobbied. Here is how it simply works:
What employers say (lie): "We can't find 'skilled' and 'talented' people locally."
What they *REALLY* want: "We *really* need e̶x̶c̶e̶p̶t̶i̶o̶n̶a̶l̶ ̶t̶o̶p̶ ̶g̶r̶a̶d̶u̶a̶t̶e̶s̶ AI agents to work 24/7 for $1 a month"
What they *actually* do: *Issues hundreds of H1-Bs to the cheapest country they can find.*
No.
Why would these companies want to fix their primary method of getting cheap labor?
*unless you introduce a new visa system and for technical roles, everyone must pass a 'leetcode' test in person to win the visa and the offering role is office only.