Would you rather e.g. your doctor prioritized their wealth over your health? Popular conspiracy, but I'm not sure many health professionals follow in it. Not sure why you think this field would be much different. If this job is gone, it's gone. I can enjoy recreational programming on my own time, I don't feel entitled that my interest remains a money maker.
What worries me - and it does - is a further and accelerating shift in wealth (and thus capability) asymmetry. But for that, I look out for the performance and requirements of self hostable models instead, rather than reenact some sort of luddite, or lie to myself and others about the state of this technology.
If you want safety for country sovereignty, get a nuke. If you want safety for knowledge work, get a local model.