A small correction though. Because of AI I'd argue that execution is cheap while the best ideas are valuable.
Now you can distinguish sufficiently simple ideas by means of slop, but accurately determining what will eventually mesh well with the wider world is still extremely difficult.
There's also a complexity ceiling. It's been raised but it's still there. For example it will presumably be a while yet before a feature complete project on the scale of LLVM can be quickly slopped together.
It's also cheaper than ever to clone a piece of software once someone else has done the hard work of figuring out the general shape it should take. So I'm not sure how viable services without strong network effects will be going forward.
I truly do not understand the mindset that defends the status quo and its ridiculously wealthy overlords. They're going to screw you anyway, it's the American way after all, but embracing AI toolchains and mastering them is a near sure thing path out of the poverty trap.
As a controversial example, somewhere out there is the Robert Rodriguez of AI filmmaking. And it's going to be amazing when they emerge. And oh the bellyaching that will ensue from the bottom of the film industry foodchain, but it will not change the outcome that people who master the tools now will be the next generation of overlords tomorrow, equally in need of overthrow by revolution when that day comes.