Some random thoughts, since I've had a similar train of thought for a while now.

On one hand I also lament the amount of hardware-potential wastage that occurs with deep stacks of abstractions. On the other hand, I've evolved my perspective into feeling that the medium doesn't really matter as much as the result... and most software is about achieving a result. I still take personal joy in writing what I think is well-crafted code, and I also accept that that may become more niche as time goes on.

To me this shift from software-as-craft to software-as-bulk-product has some similarities to the "pets vs cattle" mindset change when thinking about server / process orchestration and provisioning.

Then also on the dismay of JS becoming even more entrenched as the lingua franca. There's every possibility that in a software-as-bulk-product world, LLM-driven development could land on a safer language due to efficiency gains from e.g. static type checking. Economically I wonder if an adoption of a different lingua franca could manifest by way of increasing LLM development speed / throughput.