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There are several reasons for pay to vary by geo. Employer costs and risks can vary greatly: * company taxes, legal & corruption exposure * employee minimum benefits & severance * employee personal safety * company data security * insurance & audits
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The convergence of salaries is going to do wonders for the developing world. English proficiency is the blocker now and could mean the difference of 5x the salary for the same job, working for a remote US company vs local. Probably not great for increasingly uneducated US workers
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Also probably not great for geos heavily dependent on high income taxes. Jobs and the highest earners are increasingly free to relocate. Wages on jobs that remain could be substantially lower, converging toward the global remote average. Un-woke geos will beg for the high earners
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