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We already know we are competing with workers from all over the world. Go to Bengaluru, India or other IT-centric cities and marvel at how many silicon valley names you see on the skyscrapers, each of which has thousands of workers. This has been the paradigm since at least the early 00s. Remote-first may have accelerated it but it didn't bring it about.

This is a relatively neutral effect because I also have more choices of employers as a result. It's just a merging of labor markets. If anything, remote work is a net positive for everyone involved (and actually, everyone): less wasted time, money and emissions, fewer reasons for everyone to be living all bunched up in expensive cities.

IT workers have been competing with the entire world since the late 90s.