It's people in camp 1 that I wonder about. They're convinced that LLMs can accomplish anything and understand a codebase better than anyone (and that may be the case!). However, they're simultaneously convinced that they'll still be needed to do the prompting because ???reasons???.
So now I tend to think a lot of people are in heavy denial in thinking that LLMs are going to stop getting better before they personally end up under the steamroller, but I'm not sure what this faith is based on.
I also think people tend to treat the "will LLMs replace <job>" question in too much of a binary manner. LLMs don't have to replace every last person that does a specific job to be wildly disruptive, if they replace 90% of the people that do a particular job by making the last 10% much more productive that's still a cataclysmic amount of job displacement in economic terms.
Even if they replace just 10-30% that's still a huge amount of displacement, for reference the unemployment rate during the Great Depression was 25%.