That shit with upper management sounds stupid af and I've heard the same type of shit from people I know who are in other fields. I'm guessing it's happening from a combination of ignorance, FOMO, investment, etc etc. But that is more of a systemic issue than anything to do with these tools imo.
My biggest problem as an independent contractor is marketing and notoriety. Security has been a race to the bottom for over a decade now, but it's gotten exponentially worse. LLMs can't just do my job, but there are enough people with checkbooks who believe that it can and enough companies out there with an incentive to confirm that belief that it's getting harder for me to find work organically.
If that's indeed the case, then it sounds like an opportunity to get ahead of them since you know they will trip and fall at some point.
That's what I make of what you're describing, while sleep deprived and having given it some light thought LOL. So take that with a lot of salt. But it's kind of what I've been thinking these days anyways. Add to that that entrepreneurship is most likely getting empowered, and I think investing in yourself is the move these days. It will probably characterize the coming years strongly.
The 2008 housing crisis affected everyone. Bubbles that get too big pop across the population, whether they're complicit or not. As a little guy in a big world, with no expertise to truly know if there's a meaningful difference, I have a bit of anxiety about it all. I just don't want to catch collateral.