The point of my comment was to sarcastically point out there there are very qualified people sitting in decision making positions with an incentive to lower labor costs.

It is possible they are making a mistake and completely missing a great money saving opportunity, but I would not bet on it.

There very well could be new opportunities for labor arbitrage that can be taken advantage of by many businesses, and if so, it will be evidenced by the success of companies that take advantage of it. But it might take some time.

But it is not a new idea, and is certainly one that has already been tried, and so if certain companies are not taking advantage of lower labor costs elsewhere, then it is prudent to assume there is a good reason.

My point is that the same people are also averse to risk. So now that covid essentially forced these companies to outfit and train their teams for remote and build a culture around remote work.. and they found it successful... Pandora's box may have finally been opened on outsourcing.

We live in a different world than a few years ago.

I hope I'm wrong because I'm benefiting from geographical effects and I have no delusions that I'm smarter than almost 6 billion people.

I can see that could be true, and communications technology and bandwidth has improved, so perhaps the situation has changed. I would expect it to take years to manifest though, maybe even a decade or more.

Crossing my fingers!