Yeah, it is an interesting bubble to be in. I worked with a company that could not keep up with the rising SWE salaries and thus attracted a different kind of SWE. I definitely felt the difference in education with the new hires. Reading comprehension/attention was weak. AI will easily replace them, I guess.

Finding the data on this would be convenient but its still unclear to me. I'm not a fan of how that article from NU cites its sources loosely, including lazily citing Wikipedia.