alt Hacker NewsAgree. I feel like most of the people sounding the alarm have been in the software-focused job hunting market for 6+ months.
Those who downplay it are either business owners themselves or have been employed for 2+ years.
I think a lot of software engineers who _haven't_ looked for jobs in the past few years don't quite realize what the current market feels like.
Alternatively: this is an America problem. I'm outside of America and I've been fielding more interviews than ever in the past 3 months. YMMV but the leading indicator of slowed down hiring can come from so many things. Including companies just waiting to see how much LLMs affect SWE positions.