imo what is likely to happen in the short-term is that the bottom-end of the people in that field will see their salaries significantly reduced as the GenAI can

imo what is likely to happen in the short-term is that the bottom-end of the people in that field will see their salaries significantly reduced as the GenAI can do most of it at a much cheaper price. Doesn't even have to be as good, especially when it doesn't need to sleep, have breaks or raises to perform to the same or better standard. Some will accept the lower salary and suffer in silence, others will leave the field only to see many other fields experiencing the same phenomenon and thus still ending up in a low paid role somewhere anyway, while others will skill up to basically get away from the rising tide, this will increase the supply of skilled workers and bring salaries down for them all as a result of this and the fact that GenAI has already eaten a chunk of their work. Summary: everyone apart from the 1 %ers gets lower salaries