Sorry, I am in the industry. I know.
And the more expensive tech talent is in a specific market, the fewer the tech jobs and the less the tech activity there will be in that market.
It is at this point, that its important to know what Kind of tech your talking about, are you referring to IT, or engineering, or.... what? There are many forms of technical excellence out there, and ALL of them are being affected.
I will start, my expertise is Aeronautical Engineering, Structural Design, and CAD technology, along with all supporting Technologies. Not included in my skillset but vitally important is stress and dynamics, Tooling, Metallurgy, Standards, GD & T. I have worked all over the country for many years on many projects, so I go to the work, it does not come to me, and I see, every day, talented experienced Engineers let go for cheaper labor from outside the US.
Your turn.