> Why would they "normalize"?
Globalization? Look at manufacturing, it moved to a country where things are a lot more affordable. In a world where remote collaboration gets easier and easier and you're able to pay software engineers half the world away a lot less there's no way it wouldn't have an effect on the domestic market.
feel like that narrative has died given the return of RTO. In person work is really valuable
and the talent is just better in the US on average (mostly because of immigration!), software is so levered one good Eng can 1000x the value of a bad one