Now this is how companies should be using AI. Not as an excuse to fire half the devs. Less bugs, less failures, better experience for everyone.
Let's hope this is the future of Software Development. There is so much to create yet.
How long, in your estimates, do you think you have before your career ends?
Companies will do different things, just like they did with mobile, the internet, and computers in general.
Some strategies will work, some will fail.
This is fairly common SV strategy, used by Tesla and others, and it works extremely well in spite of people pointing out the obvious weak points.
AI is getting so good, it will probably be both.