It's about to get much better for tech and knowledge workers generally: -The baby boomers who still run the institutions have finally mastered Zoom. -Remote working is here to stay. -Big city salaries at small town cost of living is the arbitrage of the century.
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Doubtful. Certainly not this way now with remote workers at Microsoft, Amazon, etc. They are desperate for talent, their margins are massive, and they're happy to pay good developers $250-500k. They can cut cost on office space, leases, etc.
I don't think the major consideration right now is cost; it's talent. They can't hire people fast enough and good tech workers are getting multiple recruiters reaching out to them on a weekly basis. For the moment, labor has the advantage.
