Still need to prove that AI-generated code is "better", though.
"More profitable", in a world where software generally becomes worse (for the consumers) and more profitable (for the companies), sure.
If AI makes doing the same thing cheaper, why would they suddenly say "actually instead of increasing our profit, we will invest it into better software"?
Prior to AI, this was also true with software engineering. Now, at least for the time being, programmers can increase productivity and output, which seems good on the surface. However, with AI, one trades the hard work and brain cells created by actively practicing and struggling with craft for this productivity gain. In the long run, is this worth it?
To me, this is the bummer.
Overall I think you have a good point and the bummer for me is that the practice room isn’t as available for the day job.