What diminishes your value is that suddenly everybody can (in theory anyway) do this work. There’s a push at my company to start letting designers do their own llm-assisted merge requests to front end projects. So now CEOs are greedily rubbing their hands together thinking maybe everybody but the plumber can be a “developer” now. I think it remains to be seen whether that’s true, but in the meantime it’s going to make getting and keeping a well-paying developer gig difficult.