This'll eliminate jobs in the "develop CRUD app" industry but will create better jobs in security/scalability/quality expertise. But it'll take a few years as all these vibe coded business process scripts start to fail.
Programmers miss the human element, which is that many managers look at a software project as too risky, even if automating a business process could trivially save money. There are millions of people in the USA who spend most of their day manually transferring data from incompatible systems.
AI allows anyone to create a hacky automation that demonstrates immediate value but has obvious flaws that can be fixed by a skilled SWE. That will make it easier to justify more spending on devs.