You Might Think of Shrimp as Bugs of the Sea. But a Remarkable Discovery Shows the Opposite: Bugs Are Actually Shrimp of the Land
www.smithsonianmag.com
A recent study suggests that insects branched out from crustaceans on the tree of life

Here’s a direct link to the journal article.

Summary: phylogenomic study found that Hexapoda (insects, springtails, headcones) is a sister clade to Remipedia (venomous, cave-dwelling “crustaceans”). So it’s basically the same that happened with birds and dinos, except with bugs.