Unpleasant as it would be, I think it may well render us obsolete in the main. There will probably always be a handful of paid human programmers around, just as there will probably always be a handful of people paid to make buggy whips, but the history of capitalism shows that most buyers don't care enough about how their goods and services get made to pay the premium that would keep "handmade" items economically viable for sellers. So I don't yet see a compelling reason why ~all of us programmers (and all other white collar workers in their turn) won't be replaced by LLMs.

The only difference I see between what happened to master craftsmen during the Industrial Revolution and what is happening to programmers today is that I belong to the latter group, so for the first time, the coming employment crisis feels personal.