IMO the shift towards AI was very detrimental to the job market, because every company started to work on their AI strategy and not on their core competencies. This has resulted in most companies failing to materialize their AI strategies, while burning their cash. One of the reasons for this is that the average company competes against Goliaths that have infinite funding.

At first many companies stopped developing mobile apps and I think mobile app devs were the first hit. Second, the frontend developers were hit because of how the AI can generate good enough websites, however, they aren't hit as hard as the mobile developers.

This has spread into most parts of the stack with a variable impact.