We had to tinker piece by piece to build a miniature castle. Over many hours.
Now I can tinker concept by concept, and build much larger castles, much faster. Like waving a wand, seeing my thoughts come to fruition in near real time.
No vanity lost in my opinion. Possibly more to be gained.
If you derive enjoyment from actually assembling the castle, you lose out on that by using the wand that makes it happen instantly. Sure wand's castles may be larger, but you don't put a Lego castle together for the finished product.
See that never was the purpose.. going bigger and faster, towards what exactly? Chaos? By the way we never managed to fully tackle manual software development by trained professionals and we now expect Shangri-La by throwing everything and the kitchen sink into giant inscrutable matrices. This time by amateurs as well. I'm sure this will all turn out very well and very, very productive.