[alchemist1e9]

This is likely correct in the long run and it means software engineering compensation will be dropping significantly in the next decade.

[halfmatthalfcat]

This line has been repeated ad nauseum but I have never seen any backing data. Why would salaries decrease? Software development, done well, is a highly technical craft. Maybe for the first rung of developers it'll go way down but those Staff/Senior Staff I would expect to still command large salaries.

[bottled_poe]

This is the “eat it too” aspect which a lot of other threads here seem to be ignoring.