We are past the "peak of inflated expectations" and entering the "trough of disillusionment" - which are the gartner hype-cycle phases for any new tech [1]. Just for reference (and whether you agree with it or not) the phases are 1) innovation, 2) peak of inflated expectations, 3) trough of disillusionment, 4) enlightenment and finally 5) plateau
Of course, stack-overflow has every incentive to push this narrative, which the LLM makers will counter vigorously. The end-consumers (developers) will be the jury.
[1] https://www.gartner.com/en/articles/hype-cycle-for-artificia...