You could say the same things about assemblers, compilers, garbage collection, higher level languages etc. In practice the effect has always been an increase in the height of a mountain of software that can be made before development grinds to a halt due to complexity. LLMs are no different
In my own experience (and from everything I’ve read), LLMs as they are today don’t help us as an industry build a higher mountain of software because they don’t help us deal with complexity — they only help us build the mountain faster.