There's a lot of unsexy dev work out there. Not the kind of change the world startup HN is all about but the kind that made the website for your caterer or hairdresser or an "e-commerce" website for some small business.
Bubbles will continue to grow and collapse, but throughout it all, programming will increasingly become a blue collar job. I mean that both in terms of accessibility to the lower classes, and in terms of social status granted once you've made it into the industry.
This news is just one small sliver of that larger picture.
(And for the record, I welcome this. I just hope the workers get their act together and learn the lessons those other workers had to learn the hard way over the past centuries/decades.)
It is more or less correction, if you are JavaScript ninja (as they call now a days), Islands of excellence like SV, Boston etc would be the places to go, but if you want some javascript competent dev work, in stead of off-shore Appalachia can be a good alternative. There was a near-shore movement, where Software development would be done in low COL/rural areas, I think this one is part of that movement.
