I think it's a culmination of things: - Like you said: once work leaves the office, there is no reason for the work to remain in the USA or Europe. I witnessed

I think it's a culmination of things: - Like you said: once work leaves the office, there is no reason for the work to remain in the USA or Europe. I witnessed this at a company I was working at in 2019-2021. I was managing a small team, my team and others were drowning, the workload was so absurd we had several people quit over the span of a couple of months (making the problem even worse!) I finally got a 1-1 with a VP asking what the hell we were going to do about the situation. They told me, in confidence that they'd just let most of the developers quit on their own and start outsourcing all the projects to a company in another country (I want to say somewhere in South America.) They had been in talks with this company for months... - Ghost jobs. The company I work for has a couple of jobs on their careers page that I know with certainty we're not actually hiring for. I looked at my old company, and same thing there (still have friends that work there and know they're not hiring for those roles.) - Tons of people seeing the salary of folks in tech and pivoting into it (and a fair amount of them are just not well suited for it.) Software, Networking, Infrastructure, etc just aren't for everyone. Just like how cutting open a human on an operating table is not for me! We've all worked with that one person that just couldn't code themselves out of a wet paper bag and they've all tried to hop on the hot tech bandwagon when everything went remote due to COVID. - Years (decades?) of VC backed companies that have hemorrhaged money since exception and gasp actually need to make a profit, and can't are going belly up. - AI, hype or not definitely having an impact and mixing things up. Maybe not entirely in tech but I see AI generated artwork everywhere I look now. - We thought it would be a good idea to shutdown the country (due to covid), but then had to print and pump money into the economy to get it started again, now we're paying the price for it. - The R&D tax credit going away.