Yes, and I bet the 1600 pilots a year that Emirates churn out from their own school will be on a market leading wage and not some dodgy 'cadet' based cheap contract.
Just because the world might need all these extra pilots doesn't mean it will translate into better conditions for the rest of us in general. Airlines will just say that they need to put so much into training that they can't afford the traditional levels of pay.
And of course they will have a que around the block of willing takers.