Those same idiots have been in charge of everything for decades, blindly doing whatever suited them.
They got duped and didn't have the technical competence to see it or trust their staff to negotiate it.
Every IT / Developer out there knew it was a bad idea. The C-Staff was sold by the billionaires that you will go AI or you will be left behind.
My own CEO is simultaneously telling us to use AI for as much as we can and telling us to reduce costs as much as possible.