I feel like I've experienced the opposite honestly. I'm a mechanical engineer, and my wife's old college friends consist of a bunch of silicon valley techies.

Out of 10 people off the top of my head, most of them have been laid off in the past 5 years. For the ones that found new jobs (that I know) they are not satisfied with their pay.

I've talked my pay vs theirs and am shocked. Almost a decade worth of experience, making what I was making 4 years into engineering, in non management positions, and worse job security.

I could be mixing up programmer vs SWE. I just call them techies.