To follow up with something less pithy and more thoughtful:

I'm from near Detroit. Auto work is a bad comparison, because auto workers need millions of dollars worth of equipment to do their job.

Software developers are more like the film industry. Big operations need millions in equipment etc, but the individual actors, well, they just have to know how to act.

Given that software as a service solves a problem the film industry is still wrestling with, and given that the film industry is still very much solvent at present, I think we're going to be okay.