I’m not sure your analogy is applicable here.
The introduction of the App Store did not increase developer productivity per se. If anything, it decreased developer productivity, because unless you were already already a Mac developer, you had to learn a programming language you've never used, Objective-C, (now it's largely Swift, but that's still mainly used only on Apple platforms) and a brand new Apple-specific API, so a lot of your previous programming expertise became obsolete on a new platform. What the App Store did that was valuable to developers was open up a new market and bring a bunch of new potential customers, iPhone users, indeed relatively wealthy customers willing to spend money on software.
What new market is brought by LLMs? They can produce as much source code as you like, but how exactly do you monetize that massive amount of source code? If anything, the value of source code and software products will drop as more is able to be produced rapidly.
The only new market I see is actually the developer tool market for LLM fans, essentially a circular market of LLM developers marketing to other LLM developers.
As far as the developer job market is concerned, it's painfully clear that companies are in a mass layoff mood. Whether that's due to LLMs, or whether LLMs are just the cover story, the result is the same. Developer compensation is not on the rise, unless you happen to be recruited by one of the LLM vendors themselves.
My impression is that from the developer perspective, LLMs are a scheme to transfer massive amounts of wealth from developers to the LLM vendors. And you can bet the prices for access to LLMs will go up, up, up over time as developers become hooked and demand increases. To me, the whole "OpenClaw" hype looks like a crowd of gamblers at a casino, putting coins in slot machines. One thing is for certain: the house always wins.