Not sure about that, at least if we're talking about software. Software is limited by complexity, not the ability to write code. Not sure LLMs manage complexity in software any better than humans do.
Not necessarily.
You are assuming that the people can consume whatever is put in front of them. Markets get saturated fast. The "changes in the industry" mean nothing.
B) No amount of money will make people buy something that doesn’t add value to or enrich their lives. You still need ideas, for things in markets that have room for those ideas. This is where product design comes in. Despite what many developers think, there are many kinds of designers in this industry and most of them are not the software equivalent of interior decorators. Designing good products is hard, and image generators don’t make that easier.
I think we will transition to a world where handmade software/design will come at a huge premium (especially as the average person gets more distanced from the actual work required to do so, and the skills become rarer). Just like the wealthy pay for handmade shoes, as opposed to something off the shelf from footlocker, I think companies will revert back to hand crafted UX. These identical center column layout's with a 3x3 feature card grid at the bottom of your landing page are going to get really old fast in a sea of identical design patterns.
To be fair component libraries were already contributing to this degradation in design quality, but LLM s are making it much worse.