What work remains valuable when implementation becomes cheap? How about moving closer to ownership?
I think that in a product-centric or mission-centric perspective, effective automation is good, because it frees you up to do other important things. E.g., in gardening, time spent weeding, is time not spent surviving slug armageddon.
Businesses like a record of reliability, so devs going solo with AI is going to be a hard sell. I think we will know that AI is actually good enough when these AI providers start absorbing project management companies and hiring contractors to use their product instead of selling subscriptions.