Not tech, but AI is absolutely replacing people, just not wholly. To take an example, a friend of mine is releasing a small book of D&D one-shots she wrote. She was prepared to pay someone to make some art, but found that between AI and some editing skills, she got it close enough that she doesn't need to hire anyone. It's small scale of course, but that's money no longer going towards artists and instead to AI companies.
Also that's money mostly staying in your friend's pocket, since AI is a lot cheaper.