If AI can be used to make bad (or good enough) software more cheaply, I have no problem with that. I'm sure we will get a huge amount of bad software. Fine.
But what matters is whether we get more great software as well. I think AI makes that more likely rather than less likely.
Less time will be spent on churning out basic features, integrations and bug fixes. Putting more effort into higher quality or niche features will become economically viable.