That said, even if the specific products like Cursor or ChatGPT are not here in 5 years, I am confident we are not going to collectively dismiss the utility of LLMs.
Some stuff does happen, of course, but most prophesied things do not happen.
All tools I mentioned before were useful for programming. They didn't got worse. Still not enough to keep them relevant over time.
I chose those tools as an example precisely because, for a while, they achieve widespread success. People made awesome things with them. Until they stopped doing it.
What brought their demise was their inherent limitations. Code by humans on plain text was slower, harder, but didn't had those inherent limits. Code by humans on plain text got better, those tools didn't.