Kind of reminds me of martial arts. You got what some call McDojo's where a 13 year old can be a "black belt" after 9 months vs. more "traditional" styles where after 5 years of hard work you get there. For the traditional styles this black belt is generally views as "serious beginner" or internalizing the basics.
Real learning takes time. Someone with 3 years of experience writing software is at the beginning of their professional development.
Ofcourse time alone is not enough. But time x work x aptitude = progression.
The inflation of "senior engineer" makes us look to many like the McDojo black belts.