This has been my argument as well. We've been climbing the abstraction ladder for years. Assembly -> C -> OOP ->... this just seems like another layer of abstraction. "Programmers" are going to become "architects".

The labor cost of implementing a given feature is going to dramatically drop. Jevons Paradox paradox will hopefully still mean that the labor pool will just be used to create '10x' the output (or whatever the number actually is).

If the cost of a line of code / feature / app becomes basically '0', will we still hit a limit in terms of how much software can be consumed? Or do consumers have an infinite hunger for new software? It feels like the answer has to be 'it's finite'. We have a limited attention span of (say) 8hrs/person * 8 billion.