in everyone's rush to get a left seat in a shiny new jet, they are accepting reduced/lower contracts and terms to get the left seat. They have achieved, in aviation terms, instant gratification.
Where to from there?
NOWHERE!!!
After a short time in the industry, a mid twenty something pilot is in the left seat of a shiny new jet, on poor conditions. Now the trick is to find a job with the great package the kid saw when he/she was young. Ooops, that package no longer exists.
I think the big change will come when the present group of younger pilots realise this, see what the next 40 years in the industry at these poor conditions will be like and start demanding better