It would be great net result for our brains, however too much money has been poured into this business to give up on that. My belief they will push for SWE layoffs trying to position LLM-based agents as a cost efficient alternative to human programmers. Which is extremely stupid and short-sighted but that's the strategy.
They will learn certain lessons the hard way for sure. As much as I want to spin up 100 agents in a loop on our codebase and let them loose, I also know its not feasible as they can easily go down the wrong rabbit holes or over-engineer the wrong solution. They are amazing but cannot be left 100% autonomous just yet.
Literally half of the work we did the last 12 months was this. Refactor and fix, performance improvements, security hole fillings etc. We have one or two devs doing visible feature work, the rest of us is making the system rock solid.