Hilariously naive.
Assuming you understand what I meant: As for being naive, that's hardly true; my opinion comes from experience. When the bubble burst in the early 2000s, you saw a ton of developers looking for work. This pushed salaries down, even for senior and advanced developers.
I think the more appropriate analogy from the 2001 bust is if those fields turn into similar to professional sports where you have to be unimaginably, talented and skilled and disciplined, and everybody else is playing in the rec league fact for nothing