I'm not sure if I agree with every aspect of the framing here; specifically, I don't think the efficiency gains are anywhere on par with a combine harvester.

However, I do agree that the premium shifts from mere "coding" ability -- we already had a big look into this with the offshoring wave two decades ago -- to domain expertise, comprehension of the business logic, ability to translate fluidly between different kinds of technical and nontechnical stakeholders, and original problem-solving ability.