What else do you expect, given the economic incentives on one side, and the immaturity of the discipline on the other? Writing robust software requires time, money and competence, in a purely empirical approach, since we have no fundamental theory of software. The pressure is for quantity and features in minimum time. The approaches are incompatible, and economics win every time.
Which is where the unserious emerges but in a subtle way; taking such unserious things so seriously is not serious behavior. It's anxious and paranoid, aloof and clueless behavior.
Secure in tech skills but unserious otherwise.
Lacking a broad set of skills will make office workers unable to grow a potato inherently paranoid about their job.
It was merely untenable due to hardware limits and now outdated software development patterns.
Big data SaaS companies were never the end goal. They were a stepping stone to AI. A lab to test AI theory.
So your runway and moat so to speak were never real. Merely temporary science research.
I don't think the wealth should go to billionaires. Nor do I think your life should be spent dancing like a monkey to their organ, while you convince yourself to soothe the soul its for a greater good.
Perhaps your country should engage in substance collective action. Because this whole time you were just a pawn of billionaires who don't know you exist. As such they never cared about providing you assurances. You were just cheaper labor.