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I don't agree much on this. For ex, hiring someone from Nigeria is always cheaper than hiring the same person in US for a US based company.

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I didn't say it wasn't cheaper, I said it's what I've observed.

It's my impression that companies would rather hire 2-3 locals/non-remote workers and enhance their productivity with AI tools, vs. hiring 15 people from abroad that are in countries they have no presence in.

AI is undercutting a lot of these remote abroad jobs, because those types of tasks are more easily done with AI now.

AI is undercutting so many things/. :)

Cheaper only matters when choosing between fungible alternatives.

Or when inadequately capitalized.

not always true! If you get the same requirements fulfilled by other person cost effectively then you will choose them.

Those are fungible alternatives.

but it is.

You need to work on your reading skills

What I meant is "it is what it is" in shorter form.

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