You claimed that it already happened to illustrators and artists, and while I am sure they use it one way or another, I don't think it transformed the industry. Now, I am not saying that it won't amount to anything in software, I just don't think it is ready as of right now outside of greenfield projects, mostly because the scope is limited.
I am pretty positive that at some point we'll have a tool which will automate the generation -> code review -> fixing (multiple loops) -> releasing without people. Currently people are the bottleneck and imo a better way is to exclude people completely outside of initial problem statement and accepting the result. Otherwise it is just too janky, that 10x comes with a huge asterisk that can unironically slow you down after all said and done.