It's not just that, but it's also that more and more people are getting into the industry for its promise of high paying relatively cushy jobs. Just look at uni

It's not just that, but it's also that more and more people are getting into the industry for its promise of high paying relatively cushy jobs. Just look at university CS major enrollments. Not to mention bootcamps and accelerated programs. I've been feeling like this has been coming long before AI doomsayers were a thing. The problem is that it's surprisingly difficult to judge candidates from the interview process, so the expectation value of a new hire has a lot of uncertainty. And while degrees from good schools are a good indicator, tech jobs perhaps unlike medical or legal fields, for example, are not the end all be all for success. It's entirely possible to be smart and self motivated and taught.