Seems to be a very pessimistic view expressed.
For anyone who has their heads in sand let me explain that the aviation industry was in the doldrums to say the least these last few years, brought about by a pandemic.
The present state of airlines can be regarded as somewhat in a panic. Lack of trained crew, due to many conditions has resulted in rapid action in recruitment.
Anyone who has heard of market forces and with a modicum of intelligence can see that airlines will need to look at how to recruit and hold on to flight deckhands and find that pay and conditions they offer will assist them in their task.
My opinion for what it's worth is that overall terms and conditions will improve , not saying it will get back to the good old days, not that they were good for everybody but in general it's getting better.