The $1M question in my mind is: Will wages in, say, Lagos or Buenos Aires rise to SF/NYC levels? Or will the reverse happen? Economics says that it depends on the value of the labor, but cost of living matters too (or at least, has in the past within say, the USA). I think this essay https://blog.pragmaticengineer.com/software-engineering-sala... shows evidence that says the answer is "yes", that we'll see a weird fr…
I know that it was big surprise for FB and other big tier 1 companies when they started to hire remotely was that it was not actually easier to hire remotely than hiring in NYC/SF. The remote pool ended up being pretty small.