Quite likely, further progress will lead to LLMs writing "better" than at least 99% of humans.
I think this will be no more of a contest than playing chess has been: humans don't stand a chance, but it also doesn't matter because being better or worse than the AI is besides the point.
Anyway its like getting better at running because bicycles became a thing: a) pretty soon you are not going to be able to keep up and b) you are better of buying one anyway.
This is especially true for students.