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but I do wonder what the long-term affects of this decrease in coding fluency will be.

Why there should be any long-term affects? That is simply the new reality of job interviews, and that's it. Coding fluency and leetcoding on interviews became worse because it's role in successfully passing the interviews has significantly decreased.

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I think being able to read a spec and implement business logic to that spec is a basic coding skill, just like being able to read and summarize an argument is a basic literacy skill. If people are worse at that it means they are less proficient at programming than they used to be. It might not matter since LLMs are very good now and will continue to improve, but it's strange to see the quality decline.
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