As a relatively unremarkable data scientist/machine learning engineer of about 5 years, I've been keeping an eye on DS/ML positions as they tend to give a sense on what is important to companies in that space, although I'm not actively looking for a new role. More and more positions seem to require Ph.D. credentials even for non-senior roles, even though modern DS/ML tooling doesn't require it.
If I ever left my job I might have to quit DS/ML and do something else entirely.