I really don't think that the amount of applications demonstrate a saturated market, instead, since this is developer positions, It's probably developers better

I really don't think that the amount of applications demonstrate a saturated market, instead, since this is developer positions, It's probably developers better utilising AI/Automations to cast a wider net of job applications to have options if anything should happen to their current position. Considering the state of the US right now, I would definitely be doing this.