This is inevitable, yes, but I am also tired of people who pretend that it is good for any but the businesses who benefit.
With very rare exceptions, it won't be good for those who lose their jobs in the US, though it does offer a benefit to those who get those (now vastly-lower-paying) jobs. Mainly, the business benefits.
Capitalism's problem is that it is amoral, has no sympathy, and will destroy the lives of 3.4 million people for 10% more profits.
I love capitalism, but I do not love that.