Not sure I quite get the point of the article. Sure, you won't capture $100k/year/dev. But if you capture $2k/year/dev, and you replace every dev in the world... that's the goal right?
employee salaries are high because your competitors can't spawn 50000 into existence by pushing a button
competition in the industry will destroy its own margins, and then its own customer base very quickly
soon after followed by the economies of the countries they're present in
the whole thing is a capitalism self destruct button, for entire economies