These claims are massively exaggerated. Students don't "choose", "decide" etc. In the US, lets be generous & say there are 50 top universities with good CS/ML depts. After students beg plead & submit their GRE scores & recos & transcripts etc, each dept chooses on average 20 students for incoming PhD cohort. Of them easily 20% will wash out for sure. So atmost 800 top students graduating with a PhD in ML each year. Let me caveat by saying there are nowhere close to 50 top univs offering ML PhDs or having an intake of 20 per dept. So overall, the number is probably close to 200-300 students for the whole USA, not 800.
So all this handwringing for what some 200 kids will do ? I don't care if they do a PhD in basketweaving, in the grand scheme of things, 200 is not even a drop in bucket.