I think there's 2 opposing forces that will affect "us" (rich country engineers) over the coming decade.
1) An absolutely insatiable demand for software as _everything_ needs to be remote friendly and digital.
2) An equally insatiable demand to offshore engineering talent for a fraction of the cost.
I'm not sure which will have a greater effect. Technically, if the demand for software grows faster than the world's ability to educate developers, salaries might actually grow. However, there's a real chance the gold rush of super high California $300k+ software salaries is coming to an end.
Personally, I'm seeing moving into management as more attractive everytime I see an article posted here about remote work. People here are understandably dismissive of this, but it's happened before in a lot of industries.
A: Two thoughts. First, you can leave a foreign country behind in an orderly way. Ask the British Empire, which mostly ended its colonial occupations in an orderly way.
The interviewee says this as though it's common sense, but is it true? The examples that stick out to me are India, Israel/Palestine, and the South African colonies. Can these really be described as safe and orderly withdrawals? What are the examples of successful withdrawals? Are they really that much better than US withdrawal from Vietnam or Afghanistan?
It's no coincidence that the following events seem to coincide
* Distrust of traditional media
* Collapse of local media
* Rise in social media platforms
Traditional media isn't competing with rival newspapers on a stand anymore. It's competing on platforms like facebook, twitter, and reddit. Getting clicks on these platforms is correlated with what drives engagement - usually some cultural outrage or some "out-group mocking". Newspapers are really just catching up to the psychology hacking that social media has already profited from. It's more economics than ideology that enforces this imo.
Frankly, you see this shift on HN as well. Half the time I log on here, at least 2/10 of the top articles are appeals to whatever cultural outrage triggers this site's demographics (let's be honest, this article does that too), and these articles will always have 10x the comments of other on the front page.
1) An absolutely insatiable demand for software as _everything_ needs to be remote friendly and digital.
2) An equally insatiable demand to offshore engineering talent for a fraction of the cost.
I'm not sure which will have a greater effect. Technically, if the demand for software grows faster than the world's ability to educate developers, salaries might actually grow. However, there's a real chance the gold rush of super high California $300k+ software salaries is coming to an end.
Personally, I'm seeing moving into management as more attractive everytime I see an article posted here about remote work. People here are understandably dismissive of this, but it's happened before in a lot of industries.