Going over the 50 bump, and I see myself selling toasts, as being an IC/Architect is no longer valued enough, everyone is expected to be a PM for their agents minions.

The teams get reduced, as now one can do effectively more with less, and in South Europe, in IT there is hardly a place to get a job above 50 years old, unless one goes consulting as the company owner, and even then the market cannot hold everyone.

As kid I have seen this happening, as factory automation replaced jobs in complete villages, the jobs that weren't offshored into Asia or Eastern Europe for clothing and shoes, got replaced with robots.

The few lucky ones were the ones pressing the buttons and unloading trucks.

Likewise a few ones will be lucky AI magicians, some will press buttons, and the large majority better get newer skills beyond computing.