Yep. "Developer" was already an inflation over "programmer".

Sometime in the late 2000s/early 2010s people started saying, oh, a programmer means you just type in the code to implement requirements, a developer actually understands and can create the requirements to meet the business needs! Like that wasn't what people were already doing for decades and calling "programming".

edit: I guess it was offshoring that encouraged the self-marketing as a "developer" (not one of those programmers you can get anywhere for cheap) just as AI is doing the same thing with "engineer"