Just look and see what Cloud did for software engineers? It pushed us one level higher and lowered the demand for "db experts" and "low level systems people". The only ones who remained were the strong ones who were hired into the cloud companies. The rest moved up and changed careers.
Why would anyone think the same thing won't apply here? If you are still a Typescript bunny who fiddles with some newly learned React tidbit -- this won't cut it anymore. The market won't need you. Move up and adapt or move down and become an expert (harder).
> Why would anyone think the same thing won't apply here?
Because there's nothing to "move up into" other than "spec, optionally design".
Because the jobs that had "spec, design but don't code" already existed for decades, and pay less than half what the "design + code" person earned.
Not sure what you mean by spec and design, but around me, that's always been paid more than simply coding. If you have a clean technical spec that's detailed enough, the code naturally flows and is often left to more junior engineers, with more senior folks reviewing the code but rarely writing it.
They only said the jobs won't go away. They didn't say it would pay the same :)