I think IT offshoring is a double-edged sword. It can lower costs for companies and create jobs in developing countries, which boosts their economies. However, it often leads to job losses and wage stagnation in higher-cost countries, negatively impacting local workers. The key is finding balance—companies should consider the social and economic consequences of offshoring while ensuring fair labor practices in the countries receiving the jobs. At the same time, supporting displaced workers with retraining opportunities is important.