He's pigenholed at the same low pay rate and can't ever get a raise, until everyone in the same role also gets a raise (which will never happen). It traps people, because many union jobs can't or won't innovate, and when they look elsewhere, are underskilled (and stuck).
You mention 'deepseek'. Are you joking? It's owned by the Chinese government..and you claim to hate fascism? Lol?
Big companies only have the power now, because the processing power to run LLMs is expensive. Once there are break throughs, anyone can have the same power in their house.
We have been in a tech slump for awhile now. Large companies will drive innovations for AI that will help everyone.