FWIW, if you believe that long-term, the market is a good optimizing engine (I think it's a very reasonable and well-proven belief), then this is just a matter

FWIW, if you believe that long-term, the market is a good optimizing engine (I think it's a very reasonable and well-proven belief), then this is just a matter of time before things sort themselves out. The need for companies to get more value out of less spend won't disappear, nor will the comparative advantage of companies in lower CoL areas of the globe. That's two fundamental incentives on both sides that are aligned, driving the market to find the lowest-energy path from here to there. It'll get there, even if it ends up looking strange (like, idk., maybe cutting out management intermediaries but involving a middleman acting as insurance). That is, if LLMs won't leapfrog it all and end software dev outsourcing before it started to work well.