And who writes the libraries? I'd suggest that if you're only gluing together libraries, much of a rigorous CS training is wasted anyaways. You could do just fine with very little formal training on algorithm design and analysis, and a rather shaky understanding of the fundamentals of algorithms, if that's all the programming you do is. You're probably better off with a trade school.
If you're going to be doing anything challenging in the programming domain, you'll want a good grounding in concurrency.
I still think that programmers that are actually doing more than simply gluing together premade libraries will need to be familiar with concurrency, and that anyone taking a theoretical computer science degree to graduate and glue together libraries is probably overqualified.
No, not "programmers", but "some programmers" or "a lot of programmers". Of course there we'll be always people that has to do the hard part of whatever, but it is a minority now and I'm afraid it will still be a minority in the future.
Don't think that everybody is as snart as you or your buddies. No sarcasm, I really believe that you get it better than my points ;-) In my experience the concurrency is written always by the same person (guess who), in the best case, that it.
That doesn't mean that I think it shouldn't be taught. Only that I'm skeptical it will solve anything.
I suspect that people that talk about everybody using concurrency by themselves haven't thought what the future applications will use CPU power for. 3D graphics, IA, image and voice recognition... all these applications are susceptible to be encapsulated in some black box and used through a simple API. In fact, how many programmers are using right now complex APIs? I think it's a tiny fraction. It would be naive to think that suddenly the new generation will be full of highly skilled programmers.
Web apps is a clear example of heavily concurrent application where concurrency can be simply ignored most of the time by most programmers.