You’re ignoring Jevons paradox. Everyone, both people and companies, will be making exponentially more software with these tools. Software that both needs to get created, debugged and updated to realize the intention of it. That’s what our time will be spent on as programmers.

Exactly! There isn't enough woodworking jobs for thousands of thousands of workers. Of course you have people handcrafting things and people demanding handcrafted things. Programming will be the same.

Way way way less developers.