I've built payment rails. Six nines SLA, high capacity, resilient distributed systems.
I haven't written a single line of code since February, and I don't think I ever will again. These systems are incredibly good at replacing much of our work. They're only going to get better.
Rather than debating if these models are good (they are), we should be trying to figure out if most of us will still be around in three years. You don't need a two pizza team anymore.
"Look to the person to your left and to your right. Only one of you will remain by graduation" kind of energy. I'm not sure all of us is going to be in this career much longer. We'll have to see what the demand side looks like.