Its certainly not enough to tip anything yet. Companies other than Facebook/Google/Apple are still blocked on their capabilities by their engineering workforce (in terms of size and skillset).

Eventually it will get there, but that will come coupled with an overall economic recession. While there's some instability with failed VC companies, there's still WAY too much capital in the system to not keep everyone employed for a long while, as long as there is even the chance of investments panning out.