"Most business value now lies in UIs. The backend is a commodity. In the Bay Area, where I live and work, most job openings in software engineering are for front-end or (a trendy new title) generalist/fullstack developers. Only a few big companies like Google, Amazon, and Capital One still have relatively strong demand for data scientists and back-end engineers."

I personally find this claim absolutely idiotic since I feel like I still see an enormous amount of job postings for backend roles. Do you think he's right?