Is it?
Some AI recruitments have seen 9-figure contracts. $100K is actually a surprisingly well-considered number and would still see the intake of legitimate talents, obviously contingent on the specific details. Indeed, those people wouldn't have to compete with masses of consultant trash and the whole lottery system could be done away with.
$100K actually seems perfectly coherent with forcing the program to winnow down to actual talents. People truly good enough to get the employer to pony up $100K to pull them in -- presuming there isn't some kickback fraud happening -- will truly be the best of the best.
> The only effect this is going to have is accelerating the offshoring of jobs through more hiring in
Paradoxically the #1 reason H1B employers bring in H1Bs is to bridge offshoring work. Pull in a dozen Indians and they're your bridge to the big Indian office, which is precisely why Infosys, Tata et al are such H1B users.