It's a more mature industry.
I'm guessing the majority of people now in their 50s and 60s in computer-related careers had very eclectic jobs before settling down in computer-related stuff. After all, many never used computers at all until college or beyond.
My understanding is even in the early 2000s it was pretty much just firmware versus desktop software with a small niche for Mac developers.
Edit: my point was not that specialized software applications didn’t exist. It was that people were expected to be able to jump from stack to stack when they change roles in a way that has disappeared from modern job applications.