The people outside of us didn’t care about your beautiful code before. Now we can quickly build their boring applications and spend more time building beautiful things for our community’s sake. Yes, there are economic concerns, but as far as “craft” goes, nothing is stopping us from continuing to enjoy it.
I'd add part of the craft is enjoying those minutiae, sharing lessons, and stories with others. The number of people you can do that with is going to dwindle (and has been for a long time from the tech sphere's coopting of all of it). That's part that I mourn.
Except that's not really true, because the work expands to fill the time allotted. Now we can build more boring applications with fewer people.
Yes, it is true that companies are always hungry for more. But once again, those same companies never cared about beautiful code. They wanted us to build something that works as quickly as possible. In my experience, the beauty of programming was often enjoyed outside of work for this very reason, and we can still enjoy it outside of work for it's own sake.