It's a world away from when the industry began. There's a great story from Bill Gates about a time when his ability to simply write code was an incredibly scarce resource. A company was so desperate for programmers that they hired him and Paul Allen as teenagers:
"So, they were paying penalties... they said, 'We don’t care [that they are kids].' You know, so I go down there. You know, I’m like 16, but I look about 13. They hire us. They pay us. It’s a really amazing project... they got a kick out of how quickly I could write code."
That story is a powerful reminder of how much has changed. Writing code was the bottleneck years ago. However the core problem has shifted from "How do we build it?" to "What should we build and is there a business for it?"