The same thing is happening in data science, just at an earlier stage. There are software/service providers like H2O and RapidMiner that automate the whole model selection/optimization/productionization process.
It will take some time, but I think these providers will basically displace advanced ML knowledge workers, especially at large fortune 500 companies. IMO to stay ahead of the curve, data scientists need to pick up more business knowledge and move into a business/financial analyst role.