It could go that way, but another possibility is that the technology undermines the education and the informal apprenticeship situation to such a degree that only older workers are effective while younger workers can only achieve what the AI allows them to achieve. Cheating is already pervasive in education.

Consider the relationship between atmospheric nuclear testing and low-background steel [1] but for AI and older workers whose knowledge predates the introduction of LLMs in the workforce.

[1] https://en.wikipedia.org/wiki/Low-background_steel