A few years ago, when interest rates were 0% and companies were hiring at an unsustainable rate, I got a lot of criticism for cautioning engineers against non-coding roles. I talked to a lot of people who dreamed of moving into pure architect roles where they advised teams of more junior engineers about what to build, but didn't get involved with building or operating anything.

I haven't kept up with everyone but a lot of the people I know who went that route are struggling now. The work is good until a company decides to operate with leaner teams and keeps the people committing code. The real difficulties start when they have to interview at other companies after not writing much code for 3 years. I'm in a big Slack for career development where it's common for "Architect" and "Principal Engineer" titled people to be venting about how they can't get past the first round of interviews (before coding challenges!) because they're trying to sell themselves as architects without realizing that companies want hands-on builders now.