What the future will hold for paralegals is unclear. There is a surplus of lawyers, many willing to work for wages that in the past would have attracted only a paralegal. Computerization has eliminated many clerical functions. A junior associate with good computer skills can do the work formerly done by a junior associate and a paralegal together.
Note that many paralegal skills are transferable. If you can set up a database to process documents, that skill can transfer to other areas. Ability to understand legalese and filling out forms leads to jobs in many related areas in finance, real estate, etc. A liability for paralegals is that are limited in the ability to go “solo” (they can offer their services to lawyers, but not the public since that would be practicing law without being a member of the bar, which is quite illegal).