Is it just me or are we seeing a trend almost before the "new" role SRE has become mainstream that SRE is turning into support technicians because that is what

Is it just me or are we seeing a trend almost before the "new" role SRE has become mainstream that SRE is turning into support technicians because that is what is needed at most places that are not Google scale. The devaluation of the sysadmin took some time, this is happening much faster. What will be the next title when SRE can't get you a decent salary anymore? And why don't we see the same with the SWE role? Is it just that business leaders sees Ops as cost no matter what name it has?