People can become their own companies.
The work from home concept was accelerated by COVID, and has a lot more benefit to the employer than initially realized. First, yes, this will accelerate the push to have employees converted into 1099 contractors. The employer is now exempt from obligations of health insurance, retirement plans, workers comp, employer halves of social security and medicare, and the overhead costs of physical office space. It doesn’t mean the 1099 contract worker makes more, he makes less. He also has to pay estimated taxes and will be more likely subject to audits from Biden’s army of tax collectors. The company realizes all the savings. Its a lot easier for record keeping too.
The extension of that is that if you can do the work without going to a physical office, it doesn’t matter whether you are in New York, Indianapolis, or New Dehli for that matter.
The guy in New Dehli will do the work for 25% of the pay of the guy in Indianapolis.
That’s exactly what I am - a contract worker. I’ve been doing that for 17 years. When Covid came along, I went fully remote and have refused to take a contract that would require me to go into an office. That was 4 years ago and I’ve done just fine so far.