Every CEO has, for the last 20 years at least, outsourced and offshored every role that they possibly could. All the bullshit about co-location and productivit

Every CEO has, for the last 20 years at least, outsourced and offshored every role that they possibly could. All the bullshit about co-location and productivity is dropped instantaneously when there is a chance of saving a dime. The flat out truth is that the off shored teams are either good enough to do the job (they they have the job already, or would have in short order remote or no) or they aren't. I agree that low cost onshore locations are likely to benefit, and wages will be lower there - this is a good thing for the developed economies though. I am in the UK and there are many cities that have complex and extensive infrastructures that could be a great place to live. These would benefit hugely from even 250 remote working IT people going to the restaurants, sending their kids to the schools, showing up to local events and so on. The IT folks would (and are) benefiting from not sitting on the Tube for 1 1/2 hrs a day and not having to work in the chaos and bullshit of a London office. The trade off is worth it. London will be ok as it was literally bursting before Covid, I think that about 2x the people will have a job "there" in the long term.... showing up for 1 or 2 days a week and then retreating to the NORTH...