Another way of saying they'll never retain the best talent. At best they'll have "good" to mediocre. The best will move on. If you're the best at your language

Another way of saying they'll never retain the best talent. At best they'll have "good" to mediocre. The best will move on. If you're the best at your language/library/framework you'll always find better compensation than a company that normalizes compensation by locale. There's plenty of top tier talent in cities across North America and Europe who can find remote employment at companies paying bay area rates.