| > Lagos or Jakarta salary This is fear mongering to say the least. Nobody is stopping those companies hiring from the said regions today. And it is super unlikely western engineers would want to relocate to the said regions given the choice. Let's all admit outsourcing is a thing and it has been for more than 20 years. The reason outsourcing is dialed back is much more interesting to understand, and offers insight from perspective other than costs. The high CoL in Bay Area is not sustainable. Software engineering is already democratized in a way, Bay Area no longer holds monopoly. The high salary here is a reflection of prosperity of past decade of internet bloom, but there is no momentum to keep it that way as the party will end never-the-less eventually. If anything, I see those remote working as a welcoming trend, to redistribute tech talents and money across US/Canada. Yes, the salary will go down, but it probably reflect better the reality we are already living. |
Berkeley and Stanford will continue to drive innovation.