Why not try both? The point is that the status quo is untenable, corporate power is going to commodify devs just as they have done to workers in many other industries, and you might as well try fixing about it rather than getting disrupted like so many other dinosaur entities that tech has done to.
I am not sure what world you live in, but the world that I live in is one where software engineering salaries and jobs have continued to increase over the last 5, despite all these bootcamp grads and the large increase in CS majors.
The tech labor shortage seems to me to be essentially a fabrication invented by tech companies to encourage further oversaturation. I just cannot believe jobs are growing faster than the workforce when my experience has been this: https://news.ycombinator.com/item?id=15461080
The status quo is untenable because it's a bubble. There are far too many junior programmers.
Hmm, I am a couple years out of college and therefore fit the definition of "senior developer", so perhaps you are right, and I just haven't noticed the effects yet.
But right now, things are really really good for developers who only have a couple years of experience. But perhaps that is going to change as all these junior devs become senior.
