I personally wouldn't have enjoyed being that kind of programmer as it was a tedious and very slow process, where the creativity of the developer was rather low as the complexities of development would not allow for just anyone to be part of it (my own assumption).
Today we have IDEs, autocomplete, quick visual feedback (inspectors, advanced debuggers, etc.) which allow people who enjoy creating and seeing the results of their work as opposed to purely be typing code for someone else.
So, I don't get why people jump straight to thinking that adding yet another efficiency tool would destroy everything. To me it seems to make developing simpler applications something which doesn't require a computer science degree, that's all.
The average attorney became much more productive after the introduction of the word processor.
I think your assumption is incorrect. I remember programming using punched cards and low-level languages, and the amount of creativity involved was no less than is involved now.
I think this will weed out the people doing tech purely for the sake of tech and will bring more creative minds who see the technology as a tool to achieve a goal.