I hope you are right. Ross Perot once said something like "globalization will equalize all countries at the same wages, about $6/hr." I think he might have been right. I'm not really looking forward to a world where high tech workers can only make $6 an hour, but I guess it really depends on what you can buy with $6.
I worked as a heavy construction laborer as a teenager for a lot less that $6 an hour; I would much rather spend my days writing software for $6 an hour than go back to that.