Comment by blhack

Consider what the rise of things like shopify, squarespace, etc. did for developers.

In 2001, you needed an entire development team if you wanted to have an online business. Having an online business was a complicated, niche thing.

Now, because it has gotten substantially easier, there are thousands of times as many (probably millions of times) online stores, and many of them employ some sort of developer (usually on a retainer) to do work for them. Those consultants probably make more than the devs of 2001 did, too.