I think you have the cause and effect reversed. If there were more competent software engineers out there available to be hired, you wouldn't have a choice but to accept that Google recruiter's offer.

There are so many people that want to work on games, and there are many positions where these people are capable of doing the job, that that is the situation in that industry.

There are a subset of game development positions that are just like FAANG: well paid, good working conditions, with high skill requirements. Just like FAANG is a subset of the software industry. As big as FAANG is, the median software developer is not that.