AI still doesn't work very well, businesses are faking it, and a reckoning is coming
(www.theregister.com)
Having a stable set of individuals with a deep understanding of 'how things work' is so totally anathema to the modern paradigm of 'every coder is is a contractor, basically'.
Everybody wants to do software development, but doesn't want to foster software developers.
So, they try and build machine god to replace us, and as most of us predicted... didn't work out so well, but goddamnit, they'll burn a trillion dollars before they let their ego take a hit.
... oh well, I guess.