The outlook on CS credentials is wrong. You'll never be worse off than someone without those credentials, all other things equal. Buried in this text is some assumption that the relatively studious people who get degrees are going to fall behind the non-degreed, because the ones who didn't go to school will out-study them. What is really going to happen generally is that the non-degreed will continue to not study, and they will lean on AI to avoid studying even the few things that they might have otherwise needed to study to squeak by in industry.