I think the main change happening now is tech salaries are going to be coming down. There is intense pressure from investors on big tech to lower expenses - and a lot of that is what investors think are overpaid engineers. Rate of operating expenses has increased far faster than revenues.

So, hiring is frozen, layoffs will be happening and PIP quotas are increasing (e.g. GRAD at Google). Top end demand is shrinking and that will push compensation down industry wide.

I think you are fine as long as your expectations are tempered. There are still plenty of places hiring without big tech salaries.