Detroit was also sunk by massive pension costs and held hostage by union requirements. Software has much more creative destruction - the startups of today payi

Detroit was also sunk by massive pension costs and held hostage by union requirements. Software has much more creative destruction - the startups of today paying ridiculous figures can go bust tomorrow and wages collapse. That happened after the dot com boom after all. I do think there will be downward pressure on wages, especially US ones, it just won't be a sudden implosion. What's interesting is just how expensive US developers are compared to other Western countries. I can see a future of people moving across the Atlantic, especially more established companies that don't need "rockstar ninjas" - although plenty of threads on here about healthcare and government snooping encourage even them to move.