Just as long as you understand that this is how everybody else not in technology, from accountants to East Coast dockworkers and all points in between, have felt about everything we do in this field for the past 50 years. It's awfully tough to adopt a morally rigorous position about "lower compensation" when you're literally in the business of automating jobs away.
Those people could've traded up. And plenty of people in the trades have done that. But now, it is not obvious what 'trading up' in this situation is. There was optionality: upskill and increase your compensation. Now, there may be no opportunity to upskill. And that is a meaningfully different environment.
The other aspect to this is many of us spent our pre-LLM days writing basic CRUD apps for a living (and many of us still do so) -- we didn't meaningfully contribute to the rise of LLM technology. Very little of anything I did was in the public domain for training.
It does feel a bit karmic, doesn’t it? I’ve never worked in a part of tech that was explicitly doing this, but I still feel as though all the current anxiety and uncertainty I myself am currently going through is in some way “earned” by my participation in this industry.