I think the demand for quality software devs is honestly an illusion born out of the mysticism that surrounds tech for much of the older generation. When all systems involving tech map to ~magic~ you end up with highly educated people being highly paid to do work that honestly could be done by nearly any layperson with enough practice. There will likely be some turmoil as ratios of full engineer to effective technician get sorted out but I feel like the end result is not necessarily negative. Odds are that those people with technically fulfilling jobs have little to worry about. The rest of us probably should polish those resumes because the days of six figures to do simple dev work are coming to an end.