I'm surviving on consulting income for a wide variety of clients right now in this space, and let me tell you it's brutal and extremely difficult to get entry to this space for people that don't have a wide network and lots of industry experience. Academic experience typically doesn't count.
In addition there's a severe "passion tax" for these sorts of jobs, the salary difference for a "Data Scientist, Computational Biology", and "Computational Biologist" is pretty big, and hiring is also brutal.
I know a ton of extremely talented people who have been locked out of employment for a long time now. The high interest environment means that biotech investing has been hit extremely hard, as biotech is even higher risk than most software and AI spending (thanks for the correction, Schlagbohrer). Pharma companiees with big hits, like Lilly with GLP1 agonists, are hiring a bit as they try to move into the modern era of pharma with lots of AI tools, but it's still brutal.
I don't know if it's so much that talented people are being locked out, as much as it is that communities everywhere, not just industry, are requiring a level of people skills that academic people lack but nonetheless thrive without.
Did you mean to write, high interest rate environment?