I'm assuming you think this will happen due to less demand for labor. Wouldn't that be yet another incentive for people to look for remote work over local work

I'm assuming you think this will happen due to less demand for labor. Wouldn't that be yet another incentive for people to look for remote work over local work when the local pool of opportunities is shrinking? I don't see this changing the remote vs local split, just the overall pie would be smaller.