There are multiple classes of tech workers. Historically all of FAANG has been more or less part of the upper-middle and upper class. I think there will be a bifurcation along those lines within FAANG, and the big tech companies will look more like the big banks than like high finance going forward. You even see this in the layoffs, which hit folks outside of engineering harder than folks inside of engineering and within engineering really took a knife to the folks below "senior".

I think you could see a bifurcation in Eng tracks at FAANGs.