I’m fascinated by the confidence in the cyborg theory that there will always be value in having a human in the loop. Especially for domains like code where the inputs and outputs are bits not atoms.

This is exactly what chess experts like Kasparov thought in the late 90s: “a grandmaster plus a computer will always beat just a computer”. This became false in less than a decade.

Chess is a "kind" learning environment. The world tends to have more "wicked" environments.

There are lots of things people want explicitly because a human is part of the loop. AI generated art will never attract the same premium as something created by (or at least claimed to be by) a human. People seek status, and that can only be conferred by other people. The problem is that, unlike other products of human labor, status is a zero sum game.