It's true that developing junior devs is challenging (but it always was), but that's not what this is about: This is about the kind of not-that-good, mid-ass programmers who make up the silent bulk of the industry. The ones who have 20 years of experience, but who you still wouldn't trust to write fizzbuzz.

Those people are doomed. Which is fine in a lot of ways, but will be devastating for their economic prospects.