I agree this will lead to a large pullback, but in a world where a shovel has been discovered I can't see anyone going back to digging by their bare hands again.

And that doesn't change if all the investment into future capabilities stops today.

I would think this would to lead to the demise of OpenAI whereas Anthropic will survive due to enterprise contracts.

FYI on Ed Zitron the guy didn't even know what a programming function was a few weeks ago. This is freshmen level CS stuff. You should keep that in mind when reading his LLM takes. He's not an adequate reporter there imo.