I understand the concern, but I'm not sure if that's a fair comparison. It would be like tech companies going from "We're only going to hire people who have master's degrees in computer science" to "We'll experiment with training programs for people who just have bachelor's degrees in related fields"

It might indeed lower pay for the people who have the most experience, but probably not by much. It's hard to believe that it will be a net negative for the company or its customers.