Tech workers who adopt this perspective shouldn't be surprised to find themselves in the same position as manufacturing workers when the United States was deindustrialized over the last 4 decades. Labor in the U.S. is not on an even footing with labor overseas because the USD cost of living and real estate prices are so much higher here.
Flattening out global entry wages like this will be great for the holders of corporate equity capital but would probably even rugpull U.S. real estate prices.