I don't think that will happen because it hasn't for other technological improvements. In the end people pay for "good enough" and that's that. If "good enough" is now cheaper to implement that's all they will do. I've seen it in other technologies. As an example due to more precise manufacturing many manufacturers have used it to cheapen things like cars, electronics, etc just to the point where it passes warranty mostly; in the old days they had to "overbuild" to get it to that point putting more quality into the product.

Quality is a risk mitigation strategy; if software is disposable just like cheap manufactured goods most people won't pay for it thinking they can just "build another one". What we don't realise is due to sheer cost of building software we've wanted quality because its too expensive to fix later; AI could change that.

Hoping we invest in quality, more software (which has a price inelastic curve mostly due to scale/high ROI) etc I'm starting to think is just false hope from people in the tech industry that want to be optimistic which generally is in our nature. Tech people understand very little about economics most of the time and how people outside tech (your customers) generally operate. My reflection is mostly I need to pivot out of software; it will be commoditized.