$$$
For what it's worth I probably wouldn't want to move to SF and take a FAANG job either, but I can see why many people would
you are aware of the saying that the lottery is a tax on stupidity?
I guess that is perhaps a little harsh, but only a little.
First off, I don't think I would want to work at any place where getting in there is represented as winning a lottery ticket. Think of the poor oompa-loompas enslaved in Willy Wonka's factory.
Second off, perhaps it's just my vantage as a consultant in Denmark but everything I've read about working in Google has made me think it doesn't seem very enticing.
Third off, even when I was not married with kids I would not have wanted to spend so much time twice a year! How many unpaid hours a year are people willing to work for a lottery ticket that essentially pays out a top-paying job?
Almost everything in life is "lottery ticket" with some odds.
So those numbers are accurate and not misleading.
Every year, Google receives over one million resumes and applications. Only 4,000-6000 applicants will actually be hired — that's less than a 1% hiring rate.
Given those odds it's not worth it.