Earlier quoted context omitted.
Right, and the point of this whole thread is that one end of that bimodal distribution just got a lot smaller than it was 3 years ago, while the other end sits where it always has. There are a lot of people who the FAANG end of the spectrum doesn't have room for anymore who are disappointed to find themselves back on the more sustainable modality.
I agree a lot of people got pulled over into the right hand side during the weird boom and now things are adjusting. But neither side is more "sustainable" than the other (just some individuals expectations). The work is different, the skills are different, the expectations are different. FAANG are not wrong to pay what they pay.
FAANG employees like to tell themselves that their salaries are/were well deserved and not merely the result of a bubble, but a lot of them are finding out the hard way that that isn't the case.