(*) Disclaimer - as I am a pessimist, my daughter is getting archery training
Be pessimistic as possible, but once tasty animals dry up you'll be an herbivore.
Companies follow cheap labor all over the world. First it was Japan, then Siapan, followed by India, Pakistan, China and now Vietnam.
As long as you're connected by going to an Ivy League college, you get a seat on my board of directors, I get one you yours and we both get rich.
A lot of things have changed. Companies forgot about employees when the name of the department changed from Employment, to Personnel, to Human Resources. When the HR people start getting canned, they pay attention, not until then though.
You can create the best product in the world, but if the populace can't afford to purchase it's as useful as a chocolate house in the desert.