I'm not convinced that is true. The JCB digger didn't put groundworkers out of business. A consultant that can get more done in a day is worth a lot more than one who can't. There is still skill required in wielding the tool of the day and that skill is marketable.
Meanwhile, people are in fact making actual money solving problems for others by building use-case-specific solutions. Perhaps you’re unaware of them, but they do exist. They prefer to operate off the radar.
This is something that can't escape people making such statements but never seems to be addressed. Perhaps it is unaddressable as the original statement is grounded in emotion not reason?
