> Providing ready-made UI components and templates has never been a million-dollar business, nor should it be.

Depends what you mean. I think it’s totally reasonable for a small team with a great reputation to offer a well-made component library and make millions of dollars from it. But I would never expect that to be a reliable source of recurring income, and certainly not enough to support a team of well-paid engineers, designers, marketers, etc. indefinitely.

To be honest, I wonder if AI is even the right thing to blame here, or just a timing coincidence. Is it not the case that they simply sold their UI library to roughly everyone who was in the market for a high-cost component library?