I have seen this happening since the 70s. My father made a tool to replace programmers. It did not and it disillusioned him greatly. Sold very well though. But this time is different though; I have often said that I thought chatgpt like AI was at least 50 years out still but it's here; it does replace programmers every day. I see many companies inside (I have a troubleshoot company; we get called to fix very urgent stuff and we only do that so we hop around a lot) and many are starting to replace outsourced teams with, for instance, our product (which was a side project for me to see if it can be done, it can). But also just shrinking teams and give them claude or gpt to replace the bad people.
It is happening just not at scale yet to really scare people; that will happen though. It is just stupidly cheaper; for the price of one junior you can do so many api requests to claude it's not even funny. Large companies are still thinking about privacy of data etc but all of that will simply not matter in the long run.
Good logical thinkers and problemsolvers won't be replaced any time soon, but mediocre or bad programmers are already gone ; a llm is faster, cheaper and doesn't get ill or tired. And there are so many of them, just try someone on upwork or fiverr and you will know.