From all I can see, things for US citizen developers are all but over.

Not AI, offshoring combined with downsizing of US based engineering orgs.

Corp America has figured it out finally after 2 decades of entitled developers making 2 day tasks into 2 week tasks in the name of "best practices", "architecture" and "Doing It Right!" etc, all while commanding high salaries.

It turns out that Good Enough is in fact good enough and the people who write the checks are onto it. Even if its not quite good enough, cheap offshore resources can just be sent back to make it work. US based staff of 5 people who can be held responsible for guiding a much larger offshore group seems to be the common pattern.

All of this was imparted to me by a CIO on a recent interview with a financially strong mid sized company in the eastern US. The developers I interviewed with where EXCEPTIONALLY COMFORTABLE and displayed zero signs of any kind of stress from maintaining their literally 20 years out of date infra. It was insinuated that the team I interviewed with "probably wont look the same in 6 months" too.