Or is this more about senior people not being able to find ~100k a year jobs as easily?
Or is this more about senior people not being able to find ~100k a year jobs as easily?
In any case, my impression is that juniors are being hit the hardest. They're the easiest to offshore and the easiest to justify as being replaceable by AI (regardless of how true that actually is).
Whether this is sustainable remains to be seen, there was a big outsourcing trend back in ~2004 in the tech industry here that ended up being somewhat short-lived as many companies realized those efforts were costing them more than they were saving them beyond the short term. Whether or not this time is different with the added AI component, I have no idea. I wouldn't bet on it in either direction.
Its not great out there for senior developers either, but on the senior side its more of a freeze (try not to lose your job because the next one may be very hard to find) whereas on the junior side its more of a clear contraction (keeping your job will be much harder, finding a new one harder still).
Certainly a trailer home in a lot of places but then not clear how easily you'll get that $50K/yr job.
The value of money and especially the dollar is getting printed away to worthlessness.