There's a subset of software engineers who understand most of the points from the article, but it looks more and more like this train can accelerate towards the cliff due to steam from burned money.

“The market can stay irrational longer than you can stay solvent” quote is usually applied to markets, but it can be applied to software engineering as well - all jobs can be gone even if world will be submerged into technological crisis, with single nine availability (and I'm talking about 9% :) ) and all accounts compromised.