There are plenty of use cases were you can easily replace a person with AI today.

AI is very good in creating a working website. We do not have the issue of internet explorer 6 anymore, frontend doesn't host security relevant code and it shouuld also not have the business logic. So its easy to let ai create a website which talks to a secure api endpoint.

Plenty of basic android apps are just the same thing: Some API Endpoint calling Frontend.

I know plenty of people i worked with, which I would replace tomorrow if i got the choice of more tokens vs. having to work with them, putting in a lot of effort in Code Review and not seeing real benefits.

If the industry thinks we don't want to grow anymore, than the market gets saturated -> issue 1. Issue 2 -> if the market is saturated and tokens costs a lot of money budget wise, you will have to reduce your team size to compensate for the budget -> further reduction of market capacity.

We know that AI is replacing jobs