The thing is that understanding the domain and thinking out a fairly efficient or elegant solution is something a lot of industry specialist and scientists can do, and only part of programming. Another part is dealing with all the language syntax and specialist lego bits/glue code, and that's something domain specialists tend to be less good at and not enjoy spending time on; it's its own craft.
Having a semi-intelligent monkey that can fetch obvious things off the shelf, build very basic control structures, and do the boring little housekeeping tasks is bad for the craft of programming but very good for the good-enough-solution situation. I can see it having the same impact as cheap and widely available digital cameras; anyone can be a kinda decent photographer now, but if you want to be a professional you're probably going to have to work a lot harder to stand out, whether that's by development of craft, development of narrow technical expertise and fancy equipment, or development of excellent business skills.