I think there's 2 opposing forces that will affect "us" (rich country engineers) over the coming decade.
1) An absolutely insatiable demand for software as _everything_ needs to be remote friendly and digital.
2) An equally insatiable demand to offshore engineering talent for a fraction of the cost.
I'm not sure which will have a greater effect. Technically, if the demand for software grows faster than the world's ability to educate developers, salaries might actually grow. However, there's a real chance the gold rush of super high California $300k+ software salaries is coming to an end.
Personally, I'm seeing moving into management as more attractive everytime I see an article posted here about remote work. People here are understandably dismissive of this, but it's happened before in a lot of industries.
1) An absolutely insatiable demand for software as _everything_ needs to be remote friendly and digital.
2) An equally insatiable demand to offshore engineering talent for a fraction of the cost.
I'm not sure which will have a greater effect. Technically, if the demand for software grows faster than the world's ability to educate developers, salaries might actually grow. However, there's a real chance the gold rush of super high California $300k+ software salaries is coming to an end.
Personally, I'm seeing moving into management as more attractive everytime I see an article posted here about remote work. People here are understandably dismissive of this, but it's happened before in a lot of industries.