I should know, I'm from a country where IT is "booming"... Most of it is tedious boring work that was outsourced by western companies because no one there wants to do it, plus it's cheaper than even creating some automated processes.
Still, that's a pessimistic way to look at it. It's a good thing, and it can grow into something better.
What China (and the Asian Tigers) have shown us is that it is a feasible path to industrialize though. But its possible there are better ways to get to higher standards of living, we just haven't tried them yet.
Amazon warehouses are staffed with immigrants in Europe. And they would simply not be able to do anything IT related.
It might seem easy for us, but it's not. We're talking about people who can't reinstall Windows. They won't be doing manual unit testing anytime soon, or ever, nevermind anything more complicated.
German companies love keeping it local. Things like manual app testing are advertised as Minijobs, but very few are applying. And of course, they complain about a lack of workers. So outsourcing can make sense beyond saving every penny.