Software engineering requires a fair amount of intelligence, so if these tools ever get to replacement levels of quality then it's not just developers that will be out of jobs. ARC-AGI-2, the countless anecdotes from professionals I've seen across the industry, and personal experience all very clearly point to a significant gap between the tools that exist today and general intelligence. I would recommend keeping an eye on improvements just because of the sheer capital investments going into it, but I won't be losing any sleep waiting for the rapture.

How so? I see it as more bugs around the corner.