This is just code for outsourcing. Americans who are all-in on remote work should recognize this.
I agree that remote work pulls all of us (rather quickly) towards globalization. Overall, I think this is a good thing, even though people (like me) who temporarily benefited from the prior inefficiencies will not enjoy those same temporary benefits, at least not to the same extent.
From a neoliberal globalist perspective, I am happy with more globalization. I just think it’s strange that people tout remote work as shifting power toward employees and away from management, when in reality it’s the opposite.
I'm empathetic to rising costs etc. but this remote work thing ... means instantly competing with an audience 10x bigger, many of whom are in remote place with a fraction of cost of living and therefore supply cost, really don't understand how this does not sink in for most people.
The next few years are going to be transformative.
The former is challenging and not likely to succeed in many scenarios. The latter is now the default playbook at places I work
The culture, language skills, etc are all mostly similar enough that it's not like some random code sweatshop in India.
why shouldn't these contractors open their own company, do the same work and capture entire value they produce, instead of working for fixed salary?
A company’s intellectual property is still theirs.
I don't think wide moats in form of IP ever existed in software world