Here that sound? It's the GCCs being opened up as a result of this shift.
There's a reason Microsoft, Google, Amazon, and others have been expanding offices and raising TC in Eastern Europe and India for years.
The main industries that will be severely hit are chip design, biotech, pharma, and STEM academia.
Good for India though, who needs a "Thousand Talents" program when the targets of a brain drain are to cost prohibitive to hire in the US.