As for the larger debate on "low-cost jobs", (abbreviated into LCJ) there is clearly a lot of emotions here.
1. I actually think it is wise to acknowledge that such LCJ are here to stay and there will always be demand and willing photographers as the supply for various reasons, although it is quite clear that some of the reasons aren't in concurrence with business acumen.
2. Education is important, although that are obvious limits. People will still seek to have a low cost solution to their photographic demands, and photographers who deem it as viable with take up the task anyway.
3. Rational professional Photographers will seek to differentiate via their strengths and competitive advantages, resulting in the premium they command.
4. Aspiring photographers need to find their strengths and leverage on it.
5. Other business aspects (marketing, sales, cash flow management) certainly cannot be ignored.
6. Photography is not easily scalable. Hence, there is little to gain via the low-cost route. Photographers in this segment won't grow any richer.
7. It's a business guys. Let the money do the talking.