A powerful graphics suite does not make one a skilled graphic designer. Look at it from the other side: now you don't need to spend thousands or tens of thousands of dollars on a formal education to find out if you have what it takes to be a designer.
If this continues, you will not see a single person their [sic] who has a degree above a high school diploma.
If that is true, then all it means is that training beyond a HS diploma does not add value to a designer's work.
There will always be people and/or companies that demand top quality design. So the best designers will always have work. It is the Ok to good designers who have to worry as the mass of market entrants start cranking out work that is "good enough".
Today, a hobbyist could easily build an autonomous surveillance robot the size of a small rodent that has everything it needs to capture sound and audio and either store the resulting feed or stream it to a server somewhere. In 20 more years, how much smaller than "rodent" do you think that robot could be?
Interesting idea, although entirely irrelevant to the discussion. 20 years ago, a hobbyist could easily install hidden cameras throughout your home, office, gym locker room, wherever. The fact that the technology was available didn't make it legal then, doesn't make it legal now, and won't make it legal in the future.
It is not the technology you should be worried about, it is the erosion of rights against unlawful search (including surveillance) and seizure you need to watch out for.
One man's constant is another man's variable. -- A.J. Perlis