Your example actually perfectly describes why it won't displace anyone.
The user still has to be in the loop to instruct the LLM every time, and the tiniest nuances in each execution of that work still matters. If it didn't we'd have replaced people with bash scripts many decades ago. When we've tried to do that, the maintenance of those scripts became a game of whack-a-mole that never ended and they're eventually abandoned. I think sometimes people forget how ineffective most software is even when written as good as it can be. LLMs don't unlock any new abilities there.
What this actually does is make people more available for meeting time. Productivity doesn't budge at all. :)
In other words, the "busy work" has always been faster to do than the decision making, and if someone has meetings to attend they don't strictly do busy work.
Maybe the more interesting outcome is that with the increased meeting time comes much deeper drinks of the kool-aid, and businesses become more cultish than they already are. That to me sounds far more sinister than kicking people out onto the curb. Employees become "agents of change" through the money and influence they're given. They might actually hire more :D
Even if your argument is correct here, it would only mean this particular method of replacement doesn't immediately work for this job.