RAD programming held the same promise, as did UML, flow/low/no code platforms.
Inevitably, people remember that the hard part of programming isn't so much the code as it is putting requirements into maintainable code that can respond to future requirements.
LLMs basically only automate the easiest part of the job today. Time will tell if they get better, but my money is on me fixing people's broken LLM generated businesses rather than being replaced by one.