I think the change might be orders of magnitude more software being written rather than an order of magnitude fewer developers. There is a HUGE induced demand coming when software is so cheap to write.

I've never been a professional, but I've been coding for nearly 30 years as an amateur, and I've "written" more code in the last year than the previous 29, and it was all tooling for my very non-tech small business. It's cut HOURS out of my week, and it's all software I could not have afforded to pay developers for. But with Lovable, just describe it and iterate.

What IS going to die is software as a service. I've cancelled hundreds of dollars a month of subs and rolled my own better tooling.