I think the software industry will look just like the material goods space post-industrialization after the dust settles:
Large corporations will use AI to deliver low-quality software at high speed and high scale.
"Artisan" developers will continue to exist, but in much smaller numbers and they will mostly make a living by producing refined, high-quality custom software at a premium or on creative marketplaces. Think Etsy for software.
That's the world we are heading for, unless/until companies decide LLMs are ultimately not cost beneficial or overzealous use of them leads to a real hallucination induced catastrophe.
Sounds like fast fashion. The thinnest, cheapest fabric, slapped together as fast as possible with the least amount of stitching. Shipped fast and obsolete fast.