It could. But I'm not confident there will be a broad recognition of the fact if things become much worse than they are, or of the cause, or that there will be a desire to make things be better. There has been a long decline in quality in favor of optimizing for monetization and engagement, predating LLMs. But I do think there will be some pullback in things that actually matter if not in the SaaS FOTM.
kinda. there'd still be a lot less demand for software devs than there used to be, a lot of people would still be jobless/would have to pivot to some other career.