I've been thinking about this recently and it feels like the current culture in software engineering is to increase the supply. I see people who code and offer free coding lessons to their friends. Pre-covid there has been multiple meetups where I live in themed like "programming for no programmers" or "build your first app".
At the same time when I look at other high impact jobs, like lawyers or doctors, they seem to be keen on building moats around their profession. There are no "six week law bootcamps" that would give you useful skills or anything like that. I'm getting a feeling that engineers are unwittingly cutting the branch they sit on, but they will only realize this years from now when it's too late.