Coding litterally is cheap. We outsource it for wages that you'd expect of a bottom-level fast food employee. We've been doing that for many years.

It doesn't take a 4 year education to learn how to use loops, functions, and basic data structures. Most of you could probably code by the end of your fresan year of college. Many probably learned at least some coding before college.

I've learned plenty since those days. I can code much faster now than I used to - in the same way an accountant is probably faster at mental math than they once were. But an accountant's value isn't in how fast they can crunch numbers. In the same way, a software engineer's value isn't in how fast they can code.