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Well this is actually happening in Japanese Animation and the result is that no young talents are getting trained in the workforce. [1]

But unlike animation, where the demand for the art can just disappear. I don't think the demand for software engineer will disappear. Same thing with musician. Young engineers might just be jobless or on training mode for much longer period of time before they can make actual living money.

Good thing is, as far as I know, Kyoto Animation managed to avoid this issue by having in-house training, growing their own talent pools.

[1]: https://blog.sakugabooru.com/2023/03/31/the-long-quest-to-fi...