This strategy will seem to work really well until the economy that enabled that foundation to form is hollowed out. Then, there will be a reckoning (but we will have no choice but to march forth from there).
Especially as teams invest in proper agentic harnessing.
We have had a champion in our team that has invested a lot of time into it over the last 4 months, and if anything, quality has improved, not decreased. Architecture is more coherent, codebase has been cleaned up, agents find information quickly, code produced is very solid and my role is more and more checking that the output meets the requirements. But I cannot confidently say that I would've done a better job than AI more often than not I have to admit it does a better job than mine.
The mistakes are less and less technical and merely in the domain mapping. And AI is still not creative as I am for finding solutions quickly to unlock stakeholders' issues. Also, AI is still not creative as I am for finding the proper solutions for advanced technical problems. But it does a better job than me, even on that front, one shotting few solutions in a fraction of a time it would've taken me to test one idea myself.
Mind you, I don't like AI and I think it ruined the job, I don't like working this way, it's exhausting, way more work on one side, way less fun and fiddling with technical parts.
And yet, I have the genuine belief that few years from now we'll be cloning open source repositories that are already optimized/harnessed and tested for agentic loops and best practices left and right with software engineers mostly overseeing the domain translation and putting their 2 cents on the non-boilerplatey parts of the product (which, in general, are a small part of the surface).
I think that the next years of my career will be mostly spent in setting up and writing the harnessing and domain mapping part. Then I will move to another sector, not because I necessarily believe I won't have a job, but because I want to vomit thinking that's going to be my job.