I think the blind spot here is that, while LLMs may decrease the developer-time cost of software, it will increase the lifetime ownership cost. And since this is a time delayed signal, it will cause a bullwhip effect. If hiring managers were mad at the 2020 market, 2030 will be a doozy. There will be increased liability in the form of over engineered and hard to maintain code bases, and a dearth of talent able to undo the slopcode.