I don't think this argument holds. The OP made the very good point that most quality software teams are composed of both seniors and juniors, with the seniors (and even staff members sometimes) drawing the lines so that the system stays on rails.

If you're a manager now and your "team" is a bunch of coding agents, those agents are hardly junior engineers at best. It is equivalent or even worse than hiring a team of 3-5 junior engineers and letting them run rampant with your code.