It goes beyond that. It's becoming cheaper and easier to e.g. vibecode tools to carry out the handful of uses lower end users may have for PS. Some users will do that directly. Some users will turn that into services or apps. PS will be weakened by thousands of small cuts, not one large vibecoded abomination.

Some of those tools will use VLMs to provide more advanced features instead of implementing it themselves, making competing for a broader subset of users feasible.