Skills like Legacy Code Anthropology and Reverse Engineering will grow into higher demand. Like the worst legacy apps built by junior developers and non-developers (Access/Excel VBA and VB6 alone had a lot of "low code" legacy by non-developers), LLMs are great at "documenting" What was built, but almost never Why or How, so skills like "Past Developer Mind Reading" and "Code Seances" will also be in high demand.
There will be plenty of work still to do "when" everything is vibe coded. It's going to resemble a lot more the dark matter work a lot of software engineering is in big enterprise: fixing other people's mistakes and trying to figure out the best way you can why they made those mistakes so you can in theory prevent the next mistake.
It's a very dark, cursed hope to believe that the future of software engineering is the darkest parts of its present/past. As a software developer who has spent too large of an amount of my career in the VB6 IDE and who often joked that my "retirement plan" was probably going to be falling into an overly-highly-paid COBOL Consultancy somewhere down the line, I'm more depressed that there will be a lot more legacy work than ever, not that there won't be enough work to go around, and it will be some of the ugliest, most boring, least fun parts of my career, forever, and will have even less "cushiness" to make up for it. (That "dream" of a highly paid COBOL Consultancy disappears when good Legacy Code becomes too common and thus the commodity job. Hard to demand slicker, higher salaries when supply is tainted and full.)
Maybe eventually you'll want to trust your corporate credit card to the LLMs too, but that's gonna be one of the last things where humans get taken out of the loop. And once the AI is that general what even is the CEO, salesperson, or entrepreneur's role either?
That "programmer/archeologist" idea of Vernor Vinge's books is likely to grow as the piles of generated code get bigger and the feasibility of tossing increasingly-large piles into a single context window at once might not keep up (or probably won't be the best or most cost-effective).
You can have hope even if a positive outcome isn't guaranteed. In fact that is when hope is the most valuable (and maybe also difficult to find).
Unless you're a plumber.
The prices will adapt, but the equilibrium will always be elite-oriented economy where accommodation of the masses is a second-tier goal.
(eventually properties collapse, but if they keep the values inflated this way, that won't matter to them)
If you want to know more, look into RCMP reports on high property prices in Vancouver BC/Canada circa 2010s+, for example.
Why are you certain of this?
It's fine to have that opinion, but please frame as an opinion or else give me the lotto numbers for next week if you can predict the future that accurately.
They are promising CEOs they can eliminate their workforce to increase profits. For people working for a wage it’s all downside, no upside.