> If the tides shift and big tech starts tightening their belt, leetcode practitioners will start competing 100 engineers for 10 positions at big tech, and that

> If the tides shift and big tech starts tightening their belt, leetcode practitioners will start competing 100 engineers for 10 positions at big tech, and that's when salaries get pushed down. it's already like this just for positions at random software companies paying $80-120k. the percentage of applicants to google that end up getting offers is estimated to be in the low single digits (if not below 1%). and frankly, I suspect big tech companies already hire more engineers than they "need", just to deny them to rising competition. I don't think you're wrong about the moment that the tides shift, but it seems we are still quite far from that.