Agreed. I think it is kind of fractal. Even in low cost locations in Asia and all work is moving down further lower cost cities in same time zones. I can see h

Agreed. I think it is kind of fractal. Even in low cost locations in Asia and all work is moving down further lower cost cities in same time zones. I can see happening in India where 90's and 00's an IT job was sure shot way to earn upper middle class life. Now a large number of them who entered 10-15 years back are looking at mid career layoffs and next job will be most likely downgrade. Another large chunk of employees are going to be pushed toward contract jobs instead of full time as companies target for 100% utilization of staff.