Hard to know without the benefit of hindsight if a productivity improvement is:
1: An ATM machine - which made banks more profitable, so banks opened up more of them and drew people into the bank with the machines then told them insurance and investments.
2: Online banking - which simply obsoleted the need to go to the bank at all.
My inclination that LLMs are the former, not the latter. I think the process of coding is an impediment to software development being financially viable, not job security.
1: An ATM machine - which made banks more profitable, so banks opened up more of them and drew people into the bank with the machines then told them insurance and investments.
2: Online banking - which simply obsoleted the need to go to the bank at all.
My inclination that LLMs are the former, not the latter. I think the process of coding is an impediment to software development being financially viable, not job security.