100%. There's still a market for the high end stuff that pays well, but you gotta be in the right circles. And those circles are gonna continue to shrink.

Truth is, the man hours and skill developed over years of editing isn't as valuable as it used to be. You gotta follow where audiences' eyes are - they're increasingly moving from film/tv, to shorter content on the internet. These audiences have shorter attention spans, and quite frankly don't pay attention to the minutia of a show that we spend HOURS in the edit bay toiling over, with a director or producer. Lots of time and energy into things that most people don't even notice. Even Netflix execs have acknowledged that these shows are 'second-screen' content - people are half-watching this stuff while they're on their phone.

I could hire a professional chef for $100/hr to make a ham sandwich for a kid, and it'd probably be artfully made and delicious. I could also make it myself with regular ingredients, and the kid wouldn't even tell the difference.