So how does this apply to developers? I remember in the 90s it was already considered the job to have if you want to make a lot of money. That's a good 20 years

So how does this apply to developers? I remember in the 90s it was already considered the job to have if you want to make a lot of money. That's a good 20 years to prepare the workforce, at least (I start to become too young to have really paid attention to the job market before that). I got my first full-time programming job soon after the dot-com bust and even at that time it paid better than the offers I'm seeing for new hires these days. And that's without even factoring in inflation. They are making quite a bit less than I was in real dollars. By that definition I think it is very safe to say that there isn't any sign of a developer shortage. It is a high paying profession, for sure, but it always has been. It's not like it was a minimum wage job 10 years ago. It was still a six figure job even then.