Unfortunately American white collar workers responded to the brief period of relative power increase by pushing for remote work rather than consolidating that power or asking for better pay.

We are seeing the results now with white collar work being outsourced to countries in LATAM. If people aren’t gonna be physically collocated why pay more for someone to work from the U.S. when you can pay a fraction for someone to work in the same time zone in central and South America.

I strongly suspect we will Look back at this period similarly to how we look back at the 80s when blue collar workers voted to have their jobs outsource to China, except this time it’s white collar workers pushing to essentially make their jobs easier to outsource to the rest of the world.