If everyone prompts code. Less people will actually know what they're doing?

That's the part many LLM proponents don't get it or hand-wave away. For now LLMs can produce okay one-off / throwaway code by having been fed with StackOverflow and Reddit. What happens 5 years down the road when half the programmers are actually prompters?

I'll stick to my "old-school" programming. I seem to have a very wealthy near-retirement period in front of me. I'll make gobs of money just by not having forgotten how to do programming.

Really? Excellent debugging is something I associate with higher-paid engineers.

If it can't demand a living wage then senior programmers will not be doing it, leading to this software remaining defective. What _that_ will lead to we have no idea because we don't know what kind of software.