Yes, I'm aware though it may get better but we actually don't know that yet. What if it's way harder to go from outputting junior level code with tons of mistakes to error-free complex code, than it is to go from no capability to write code to junior level code with tons of mistakes? What if it's the difference between word prediction algorithm and actual human-level intelligence?
There may be a big decrease in demand, because a lot of apps are quite simple. A lot of software out there are "template apps", stuff that can theoretically be produced by a low code app, will be eventually produced by a low code app, AI or not. When it comes to novel and complex things, I think it's not unreasonable to consider that the next 10 - 20 years will still see plenty demand for good developers.