been in enterprise tech for 20 years and what I see is what I will call unbundling. its more like seniors are now doing work of 5 juniors because AI does the grunt work. so companies just dont hire juniors anymore. but the senior guy doesnt get paid 5x, maybe 1.2x if lucky and expected to output 5x.

I myself have gone back to hands on coding in last 6 months along with managing the team. so now I am doing both developer and manager role. company loves it obviously but I am not getting paid more to do both and juniors in my team are under severe pressure to show thier worth. thats not unbundling thats just squeezing people. And companies will continue to do it.