Did you hear about the screenwriters school in which the professors said to avoid AI for writing, but it's great for storyboards. And the storyboard school where the professors said the opposite?
The reality is that AI isn't actually "good" at anything. It produces passable ersatz facsimiles of work that can fool those not skilled in the art. The second reality of AI is that everyone is busy cramming it into their products at the expense of what their products are actually useful for.
Once people realise (1), and stop doing (2), the tech industry has a chance of recovering.
It's really just about recognizing what they can do well and applying them in the right moments.
Seemingly the decline started with the Microsoft acquisition in 2018, and subsequent "unlimited private repository" change in 2019 (to match Gitlab's popular offer)
Which I find…unusual.
I like AI but actually not for coding because code quality is correlated to how well you understand the underlying systems you're building on, and AI is not really reasoning on this level at all. It's clearly synthesizing training data and it's useful in limited ways.