This is going to happen faster than other times when offshoring has occurred in various industries historically too. Just think about it. You can bet contract work is going to be commonplace, and you can kiss your benefits goodbye. If you do not think this will happen to you, well, you’re next on the chopping block.
Work will become hyper competitive for benefits and for full time status. A good employee will be someone who answers emails 24/7 and within minutes of it being sent, night or day. The work will never end. Surveillance technologies for remote work will remove any semblance of freedom when you work from home. This is all very unlikely to be made illegal in the US in the foreseeable future. Also. populism uprisings that occur in a respective country last on average for 30 years, so you better be thinking in the very long-term for how bad this could actually be.