I think that's true for some developers, and not for others. My guess is that one subset of developers has more ideas than they have time/resources to implement, and they enjoy programming because they love seeing the finished product emerge. I think this subset is more likely to go into management, because it's a force multiplier for them. They're the ones getting joy out of seeing AI make their ideas into reality.

But there's another subset who enjoys programming not because they love to see a product emerge, but because they enjoy the process itself: the head-scratching, the getting past "why won't this work" to the moment when the build starts working again or the site comes back up or the UI snaps into place. It's the magic of finding, among all the possible wrong answers, the exact right combination of bits that solve the problem. This subset is not getting any joy from AI: they're seeing AI take away that whole process and turn it into the kind of work their managers and their project owners do. It's made even worse because their managers don't even understand why they're so unhappy. I think managers would do well to consider how they're going to keep these folks happy and engaged and productive, because they're the ones who are going to be fixing the production bugs introduced by their teammates' AI commits. If they've all gone off to retrain as electricians, we're going to have a problem as an industry.