There are definitely use cases for LLMs in coding. And at times, they can be wildly useful. But I feel like the industry atm wildly overestimates their broader/long term utility.
Anecdotally, I have not seen an explosion in quality/bespoke software since LLMs. In fact I've noticed the opposite to quite the extreme. Not only are new products worse in quality, but the quality of existing products is falling off a cliff.