In the sense of LLMs becoming competent enough, no, it's extremely unlikely.

In the sense of "smart tech founders" and C-suite executives in general using AI hype as an excuse for layoffs and understaffing, that's absolutely in the realm of possibility, and already happening in some places.

it already made programmers obsolete and is about to make programming languages obsolete

the only human-readable artifacts will be design & verification inputs

rich ppl will still hire serfs to patiently listen to their desires and handhold their decision-making

and subsequently SW will still appear

but the production process isn’t going to resemble anything we’ve trained for

simply. NO!