Lots of chatter online, i have seen a few videos on this tpic on YT.

https://www.hays-china.cn/en/press-release/content/%E4%B8%AD...

I think he's referring to contracting companies. Cheap software used to be outsourced to India, but it's now getting outsourced to AI. Companies that produce novel things are still hiring, often to manage agents and review output.