It’s hard to predict a future, there are so many ways it could play out.
If we assume that this is indeed true, that would mean AI companies will go bankrupt, leaving a lot of hardware to be rented for cheap. Isn’t it something that would benefit the community?
Or maybe they’ll find the next vertical and just move there now that “software is solved”
Just like railroads and telecoms back in the day. Even if they go under, the infrastracture built will benefit the next generation who will find a good use for it