> However it will almost certainly make the act of writing “code for money” much less valuable, which means many people will stop getting paid exorbitant sums to do what they love.

Most programmers are not being paid "exorbitant sums". Maybe if you can put up with working at Meta or something. I hate how VC culture is pretending that paying skilled people a fair wage is some horrible imposition on the poor millionaires and billionaires.