"While it’s possible low-code platforms will survive by providing non-technical users with the kind of magical experience that’s already possible for developers with AI coding tools today" - that magical experience is available to non-technical users today already. The last barrier is deployment / security / networking / maintenance, but I'm assuming here are a lot of startups working on that.
In a way, low-code has been the worst of both worlds: complex, locked-in, not scalable, expensive, with small ecosystems of support for self-learning.
(Context: worked at appsheet which got acquired by Google in 2020)