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This is the end of software development and the beginning of software management. The problem is you don't need a lot of people to do the later. There are going to be a lot of devs out there vying for the same jobs in the future drastically driving down salaries.
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I am inclined to think this way in a commercial setting, but for open source contributors, where their work was done for the love of coding, I can understand feeling like the end has arrived. In my company, I'm building the mechanics of factory-coding and trying to get the team think in higher-level terms: what needs to be built, what does it need to do when it deploys, and how can we build the factory that gets that done repeatedly? To me, building the factory is an interesting problem and agentic coding does not eliminate the higher-level design that absolutely must be done, all of which is, to me, the interesting part of software dev.

But none of this is going to bring back actually writing code for the love of it. That will become a hobby kind of like knitting or sewing.

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And when before iterating on a stupid web page layout might've taken weeks of back and forth - now it can be done during a single meeting.

Or during a sales meeting, an experienced engineer can have a quick prototype done to show the client.

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