What I find interesting is that, on one end, there's a "developers" shortage, but on the other, all companies are funneling potentially good engineers through processes designed for the "interview" experts. Also, that AMZ or Google do open public positions is weird. I'm pretty sure they could have the best referring programs.
Actually there's a lot of "did three months <put language or framework here> course and now I am a ninja programmer!" candidates. So those interview processes are designed to understand if you belong to that category, but they are far from perfection.
In my personal experience, referral programs are the best.
No, I think the question is more subtle ...
Will the relative power and influence of the US grow similarly.
... and I think that may be a very good bet.
The three closest "competitors" - the Eurozone, China and Japan - are, in their own unique ways, dysfunctional basket cases:
Europe's northern savers and taxpayers have to pay for southern workers to retire at 60 ... and southern workers need to eat benefit losses to avoid further (br)exits. This is a not-insignificant economic and cultural mismatch and the results of even minor adjustments are riots in the streets[1] ... or boring, orderly referenda[2].
It is unknown whether the CCP can survive any meaningful slowdown in growth and whether much of the growth of the last 10-15 years (enormous empty cities) was substantive or useful at all.
Japan is undergoing civilizational and cultural collapse.
So ... while there is much dysfunction - both economically and politically - in the United States, it is an enormous, resource rich country that can exist wholly independently from the rest of the world.
It also enjoys absolute control of the worlds oceans and brutally dictates economic and geo politics[3].
In a world of troubled and fraught investments, the US is probably the least troubled and fraught.
[1] https://en.wikipedia.org/wiki/Yellow_vests_protests
[2] https://en.wikipedia.org/wiki/Dutch_withdrawal_from_the_Euro...
[3] https://en.wikipedia.org/wiki/2022_Nord_Stream_pipeline_sabo...