Quite a few developers will likely loose their jobs. In particular the ones who don't have mental capacity to work with models - the ones who are forever junior.
The engineers who can manage large scale projects using agents will, on the other hand, probably get a hefty salary bump.
I've worked in many places on many teams and never met anyone that essentially does nothing besides write code...
I question the obsession engineers have with their "code writing" being replaced by a machine.
Do you really think that's the value you bring to the table?
Non-engineers don't want to sit down and think about anything, they don't want to sit down and test that thinks actually work, they don't want to think about all the failure cases that could go wrong besides a few shallow tests, and they definitely don't want to have to pick up the mess if something does go wrong...
This is what you get paid to do. Coding is a small part of that.
> the ones who don't have mental capacity to work with models
Those people don't exist.