Disagree. I think you mean "cheap experts", in which case I withdraw.
The most talented security professionals I've seen so far are from Europe. But they get paid dirt by comparison to the US.
Here in the US as well, for over a decade now there is this cry about "skills shortage". Plenty of skilled people. But companies want to pay them dirt, have them show up to in person offices, and pass drug tests. I'm sure they'll add degrees to that list as well soon. It's a game as old as time.
The reality is that infosec is flooded with entry level people right now, and many of them are talented. Pay is decreasing, even in the US. EU, EMEA, Latin America will hurt even more as a result in the long term.
Security isn't revenue generating unless you're a security company, so companies in general want security but they want it cheap. They want cheap tools and cheap people. That's what they mean by skills shortage, there isn't an actual skill shortage. They think infosec professionals should get paid a little bit higher than help desk. Of course, there are many exceptions, places that are flexible and pay well (heck, just flexible only even!) are being flooded with resumes from actual humans.
Infosec certification costs are soaring because of the spike in demand. next to compsci, "cyber security" is the easy way to make a fortune (or so the rumor goes), and fresh grads looking for a good job are in for a shock.
> here we have a bunch of companies with presumably human devs, that just got pwned by an AI script kiddie. Womp womp.
What's your point? You don't need AI, companies get pwned by script kiddies buying $30 malware on telegram all the time. despite paying millions for security tools/agents and people.