I wonder what does this mean for the "Everyone can code" movement (bootcamps, initiatives within Google and the like, government funding). They keep saying that you can get a high paying job if you do a 9 month course. When the best of the field are getting laid off, I wonder how long will the "Everyone can code" movement survive
Of course, knowing how to code and being good at creating software are two different things. Just like knowing how to write and being able to succeed as a novelist are two different things.
But that is also why the "best of the field" get laid off - why pay FAANG salaries to get the best, when entry/mid-level salaries to get "good enough" still meets business needs?