On the contrary, I think software hackathons could really hit a golden age where we see how far people can push the limits of what we ever thought possible within 24 hours or a weekend through the use of AI. Less “pretty UI with mock data” and more fully working products ready for the consumer market.
It's just gatekeeping. It should make them super cool. "Well you have to have good ideas and skills to do anything with AI or it's just slop!" Ok, then it sounds like nothing changed.
I don't think you understand the goal of a hackathon. They aren't (or weren't) VC pitch sessions.
You don't run marathons to be usane bolt, you don't go to hackathons to land VC deals.
24 hours of non stop AI usage doesn't sound fun. It sounds hateful and demotivating, you want to discover yourself, and maybe some other people, not what a robot can do.