The biggest growth in outsourcing is expected to be in "services", not manufacturing, actually.
Services are 'everything you cannot drop on your foot', roughly 75% of a modern country's economy.
Of that, a very large percentage, more than half can be outsourced and likely will be soon. They are just working the final bugs out now. That's why they are privatizing services of all kinds everywhere. So they can outsource them, their jobs then become a sort of poker chip they can trade for concessions in other areas.
Its based on Ricardo's theory of comparative advantage. Some countries have huge numbers of workers, willing to work for almost anything, virtually everybody whose family has some money, which is a lot of people, has a bachelors degree and millions of wealthy people have advanced degrees. But they are creating very few jobs for the people who need them to move upward. Instead they are going to even poorer countries trying to find even cheaper workers. Because there is so much corruption. They want to keep their people poor and desperate so they won't aspire to better things, and push them out.
Still, a lot of work is going to shift overseas from developed countries to places like India. Where entire cities operate entirely at night, so they can staff businesses on the other side of the world.
This appeals to the grandiose ambitions of many executives. They see themselves as the indispensable part of the chain.
But the fact is, they are not. Both them and the workers they are so eager to lay off are dispensable. So are the factory workers and call center staff. Artificial intelligence can do their jobs. So they are all being unrealistic about these shifts.
They are all being over optimistic.
How many jobs will actually remain in the developing countries after these changes, there will be very few. So, who is left? Nobody! And also no customers.
The global economy will implode.
In the confusion, who knows what will happen. Probably another huge theft of everything on the planet, by a very few. 2008 was almost ten years ago, maybe that was just a practice run?
A big shell game? Where did the money go?