The JV analogy is spot on.
The bigger issue for organizations is that the IT fiefdoms we’ve all grown to know and despise are over and done with - and that means the most supporting those careers is collapsing.
It’s a bit like the power Bitcoin gives to those relying on legacy authority.
There will still be IT careers but the bar to add value is considerably higher and you might need to support a large enterprise to make it worthwhile over just using the tech to build out your own products.
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Yes, I have always been an "automate myself out of a job" employee. Which at most orgs is highly valued besides the current one I have bc their internal politics and culture is so shitty. Like I'm a sr devops engineer, and that is a fake job ( full stack developer is fake too), especially in the age of ai.
With AI, every engineer should become a manager of a team of machines doing all the things they're not skilled at. So instead of a team of devs supporting one product, you can have 1 dev supporting an entire product OR a single cross functional team of devs supporting multiple products. Most companies will fail this transition (rightly so) and go the way of the dodo, unless they are conscious and actively doing really&d and retrospectives.