> To be fair, LLMs are exceptional at coding

No they aren't. Any decently skilled human blows them out of the water. They can do better than an untrained human, but that's not much of an achievement.

The thing is, LLM's produce better quality one-shots than any of the products that get returned from overseas ultra-budget contractors in India or SEA. I don't know what that means for Western devs, but I can tell you that the fortune 500 I work for is dialing back on contracting and outsourcing because domestic teams can do higher-quality work faster.