"37% of jobs in the United States can be performed entirely at home...by people in India or Eastern Europe for much less money"
"37% of jobs in the United States can be performed entirely at home...by people in India or Eastern Europe for much less money"
The current situation is not going to shift even more jobs to India. Reasons being, good engineers from India are already moving to the US in sheer numbers, and good talent is unlikely to remain at Indian IT consultancy companies.
Anecdotally, I have worked along with very clever engineers who happened to be Indian nationals living in the US, but I have yet to find an above average engineer working at an Indian IT shop and based in India.
For example, I imagine Coca-Cola is willing to pay more to have the person writing their ad copy be someone who has been immersed in American culture from birth.
What I do fear is interest rate starting to rise and the implications of that on our industry but that's another thread.
Don't hold your breath.