[oceanplexian]

You can logically continue that argument all the way to its conclusion. If Jobs can be shipped to Mexico, why not the entire corporation? If the only thing that matters is cost, clearly LCOL countries should be leading the world in tech innovation. But they don’t.

[RestlessMind]

> why not the entire corporation?

Because a corporation needs officers and senior management. Those people are typically in the owner class who benefit from cheap labor. Owner class still prefers to live in rich urban metros.