"They will just need to re-evaluate where the value their provide is."
That is fine to say when it is not your field. I guarantee you feel different when it is the thing you care about, that gives you joy, that defines your status. Think about how many sheldon-equivalents insist on being called Dr. (non medical)
It is part of what people use to define themselves. Its going to hurt. There may even be a Bulterian Jihad