I think it represents a bigger threat than you realize. I can't use an AI for my day job to implement these multi-agent workflows I see. They are all controlled by another company with little or no privacy guarantees. I can run quantized (even more braindead) models locally but my work will be 3-5 years behind the SOTA, and when the SOTA is evolving faster than that timeline there's a problem. At some point there's going to be turnover - like a lake in winter - where AI companies effectively control the development lifecycle end-to-end.