No, these people will be replaced. You admit that there won't be jobs for them to go to. You simply float the idea that if they retrain, there will be some job for them, but if you think that all of these people will become "Web3 entrepreneurs", you are in a state of delusion.
(Web3 is almost as old as the smartphone, and yet not one Web3 app has had the slightest mainstream adoption. You would think that that would make you think for a moment...!)
Fairly soon we'll have competent AI drivers. Ten million Americans drive vehicles for a living, and they aren't going to retrain and become AI engineers or Python programmers.