Remote-first work is taking over the rich world – research hints at why
Everyone should keep in mind that water seeks its own level.   And think of this on a global scale.<p>I&#x27;ve been working remotely for almost a decade as a senior software engineer.  Now, post-Covid, almost everyone realizes they can do the same.<p>Salaries are going to drop in the &quot;rich world&quot;, and it&#x27;s not just because people are now fleeing places like SF&#x2F;SV to lower cost of living areas.<p>We are also beginning to compete globally, far more than ever before with the ease of remote work.  Qualified engineers can be found for 1&#x2F;10th of the price with &quot;near shore&quot; companies in the &quot;rich world&quot;.<p>I know because I&#x27;ve worked with them throughout various roles, both as peers and as a PM&#x2F;Team Lead.<p>The money may start flowing from the &quot;rich world&quot; to the &quot;poor world&quot; soon, no need for H1B visas or anything else.<p>The gold rush days may be over.