For example you can use a database and see how it is nowhere near reaching any hardware limit. Or you can use some arbitrary software and see how it fails miserably once you start playing with options.
There is so much room for being better that I don’t think anything is justified for cutting including programmers.
Whether these companies will be able to sustain their business or weather software companies will prioritize paying LLMs instead of programmer I don’t know but the ceiling is way above