Most employees can't tell you what database to use, what software programming framework to use, what document management framework to use, but they are expected to know which of the 25 models available to use for a task, budget appropriately, monitor efficacy, update models to the most relevant for a task, continue to manage architecture patterns???
Right, the problem is frontier models can do ~all of that pretty well, a lot better than they could 9 months ago. Luna 6 can do most of it practically free and instantaneously. So, your quote is likely what's increasingly being said in c-suite meetings as they decide to start mass layoffs.