> But at that point, what is the point of you versus going to the LLM myself? reply

You're missing one word, and that word explains why everyone running the companies is so excited. The word is 'paying'. "But at that point, what is the point paying of you versus going to the LLM myself?"

And, yes, I think that LLMs make it a lot easier to hire a minimally trained stooge and get them productive. It's worked for me, and I appreciate being able to pretend to be productive and walk away from the job a bit early every day. I don't think software engineering is likely to be a high status, high income job for very long.