I'm picturing COBOL developers in the 80s saying the same thing about modern developers today (without even bringing in AI).
Now what the guys above the programmers' paygrade knew was that the aim of software development wasn't really code, it was value delivered to customer. If 300k lines if AI slop deliver that value quickly, they can be worth much more than the 20k lines of beautiful human-written code.
Alternatively, maybe folk who're exposed to more codebases are the best off.
Or combine the two for wizard.