In the best case we could hope this will lead to increased wages to American citizens, but realistically I think the most likely impact is it pisses a lot of people off, causes a lot of headaches for a lot of people, and has no real impact for most.
Edit: Would love to hear a coherent argument as to why my comment is off topic and deserving of downvotes but I'm sure that won't happen.
That won't happen. There is no reason for it to happen anyway given that AI agents are more efficient anyway.
Microsoft and others are more focused on building data centers (homes for AI agents) than hiring humans at this point.
I hope it causes some people to return to Europe and do some good work over here.
I'm never sure how to feel about this kind of thing. On one hand, it's kind of interesting to see the self-destruction, and having qualified people return to Europe can only be a good thing for Europe. OTOH, it's scary to see, and I'm unsure whether I prefer a world where China gains much more power.