This is completely irrelevant. The point is that the profession is being devalued, i.e. losing value relative to where it was. If, for example, the US dollar loses value, it's not a "counterargument" to point out that it's still much more valuable than the Zimbabwe dollar.
It isn't though, none of our lives are happening in isolation, even if you don't believe it, there are other humans out there, with real responsibilities outside of computers.
Even if the competition is fierce, do you think it isn't for other professions, or what's the point? Of course a job that is well-paid, has few drawbacks and let you sit indoors in front of computer, probably doing something you enjoy in general, is popular and has competition.
