I have a partial answer for you. This approach doesn't persist through reboots, but works - and is dead simple.managed to figure out an easy way to achieve this
Running arch here on a T460p.
alsamixer -c0
will bring up a TUI interface like in the linked picture. Just using the mouse Iyou can toggle between turning off the LED, following LED for capture or for MUTE and some other options.
I suspect there is a way to do this from the bash shell with the alsa api or possibly flags - but I am not sure Set it how to do this (yet). Ideally,you want it would be nice to be able to setand then escape out and run the preferred flag whenfollowing command to have the new alsa services start upstate persist across boots.
sudo alsactl store