In some ways that industry is losing a tool. Sponsoring a green card used to be the prize they dangle in front of the h1b to keep their nose to the grindstone.
So many great students will be off the market. This will affect to the whole tech space. No way they will be happy with this decision.
Most countries, you get a visa of some kind but you have no way to permanent residency at all unless you marry but you can keep staying there somewhat permanently.
Americans voted for this.