In small numbers, yes. In current/large numbers, maybe not. Do college students need to understand language, grammar, or the subject to write B grade papers? No, they can just prompt an LLM to do it for them. Same thing for basic CRUD apps and websites. We will always need people who understand computers, but it seems likely that the proportion of the overall IT employees that need to know how it works will approach a horizontal asymptote.
I hope people that use LLMs to generate papers fail in other tests, else the value of a degree will be reduced to nothing - it's already suffering from a lot of "inflation" due to lowered standards and oversupply. (The lowered standards are because graduation rate became a metric and a target)
That depends on the perspective. In theory, that is the correct view. To many, the degree is just a piece of paper used to gatekeep jobs.
That's also my biggest concern is that corporations will decide that crap results are good enough as long as it cost them very little to produce.