I'm a shitty business person, but a pretty good developer. I'd not do well in a position that had a business emphasis, like a management position. (And, unlike other incompetents, am not narcissistic enough to groom my image at others' expense, so my optics would be terrible.) So I'm not inclined to climb the corporate ladder and my ego suffers less of a blow from taking a downlevel in title. Just pay me and pay me well.

That said, seniority has an advantage: interviewers are less likely to ask you leetcode questions as a gating function to a new job.