> AI for product development and management would be far more impactful than automating rote coding tasks [...]

Yeah, if this stuff actually worked that well already, OpenAI et al. would just run AI CEOs and engineers. Why get some other company to pay you at all when you can automate every other company out of existence and take all the money they make?

The fact of the matter is that while the tech has some uses, it sure as hell isn't a full scale replacement and you almost always actually have to massage the input into LLMs to get anything decent back out in practice. Some CEOs and managers can learn to do this, of course, and some already are... but that quickly turns into a second full time job. A "programmer" is still needed. The job might change from mostly hand-writing C++/JS/Python to prompt engineering + some manual coding to fix all the stupid fuck-ups that the bots can't solve themselves, but you still need someone to actually prompt the bot.

When that changes, it won't just be engineers losing work; there will be no reason to even have a human CEO any more.