This isn't true at all. Think of other professionals - lawyers, doctors, professors, etc. A doctor specializes in one aspect - surgeon, anesthesiologist, ER, G

This isn't true at all. Think of other professionals - lawyers, doctors, professors, etc. A doctor specializes in one aspect - surgeon, anesthesiologist, ER, GP, psychiatry, etc. They might pivot once in their career, but most of them don't, and they're able to find employment as long as they're able and willing. I know several lawyers, and most of them had to specialize by their early 30's if they ever want to make decent money - family law, real estate, employment, personal injury, whatever. Again, the older the lawyer, the more seniority they have and higher they can bill at most firms. How many professors in academia do you know that have experience teaching in multiple schools, e.g. business, engineering, social sciences, etc? Not many, usually they have a very narrow niche. The problem with the tech industry is mostly due to offshoring, the rapid (and pointless) pace of new frameworks and tech that's mostly due to shifting dominant players, and the naivety of most software engineers who've been unwilling or unable to organize and create some sort of protective barrier similar to every other industry (teachers or cop unions, AMA, legal bar, UAW, etc.). And again, because this is HN, the majority of developers are not worried that they won't be making FAANG salaries with sweet equity and stock options into their 50's. They're worried that they'll be training their 25 year old replacements from Bangalore at the typical mega bank or insurance company, left with only sporadic temp gigs and 6 month contracts at half their salary and with 15 years left before Medicare kicks in.