Layoffs "because of AI" (plus cheap money drying up and offshoring) versus individuals hacking devices and software, and making dummy copies of paid software that are "good enough" for most users. I wonder if that might be an early sign of a turning point in the IT economic cycle, where companies will need to invest more in security services and specialists with extra knowledge who know where and how to make the most of AI before their rivals do.

They won’t. Execs have no idea how to deploy AI. At best they think it means they can give a junior dev $20/month and make them a principal.

Existing companies will fold. Hyper AI companies will eat their lunch.