I think people don't realize how much models have to extrapolate still, which causes hallucinations. We are still not great at giving all the context in our brain to LLMs.
There's still a lot of tooling to be built before it can start completely replacing anyone.
It doesn't have to "completely" replace any individual employee to be impactful. If you have 50 coders that each use AI to boost their productivity by 10%, you need 5 fewer coders. It doesn't require that AI is able to handle 100% of any individual person's job.
There's still a lot of tooling to be built before it can start completely replacing anyone.