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I’m not sure how long ago that was, but LLM context sizes have grown exponentially in the past year, from 4k tokens to over a hundred k. That doesn’t necessarily affect the quality of the output, although you can’t expect it to summarize what it can’t hold on memory.
That’s a a bit too absolute way to look at it.
From their point of view the goal isn’t to abolish human involvement, but to minimise the cost. So if they can do the job at the same quality with a quarter of the personnel through AI assistance for less cost, obviously they’re gonna do that.
At the same time, just because humans having crappy jobs is the current way we solve the problem of people getting money, doesn’t mean we should keep on doing that. Basic income would be a much nicer solution for that, for example. Try to think a bit less conservatively.