LLMs exaggerate and exacerbate existing market and industry dysfunctions. They've hastened media's descent into fabrications and clickbait, accelerated the devaluation of writing and illustration. And in software it has fuelled an existing crisis and exposed a divide at the core of the industry
Our current software crisis—we've had a few—has been ramping up IMO since the post-2007 bailouts. Instead of regulating finance, the US let the finance industry take over, which hasn't been great overall, but for software it's meant that "quality" stopped mattering
Well-funded startups capture market share with subsidised products.
Big tech is a cluster of oligopolies and monopolies.
Internal software projects are driven by their potential effects on stock prices