I think he kind of missed the elephant that is modern communication technology has reduced the marginal cost of skilled services enabling pretty much every object designed in an office and manufactured in a factory to benefit from a broader array of engineering and design professionals and methodologies. The average product and service that the average actor in the economy interacts with is designed and optimized to…
The downside to broadening the talent pool for design/manufacturing is that it means workers now have to be among the best in the world to get business and thus earn a good living. It no longer suffices to be the best in a local region. If each local region needs its own widget factory, then to become a top widgetsmith you only have to compete with the local widgetsmith talent pool. Just as there can be many high sch…
It definitely applies to software. It's why trades are a much better career option, local will never not matter in that case. The best 'star high school' welders and electricians are always going to be desirable, as no one is flying in the best in the world for every little job.
Most of us, except the best in the world among us, messed up going into software. The script completely flipped on this since I was a child in the 80s and was dreaming of becoming a programmer as I am now.