Probably 1. There indeed is very little need for a CS degree for most web front-end/backend because very smart people (nearly all of who have CS degrees) pre-p

Probably 1. There indeed is very little need for a CS degree for most web front-end/backend because very smart people (nearly all of who have CS degrees) pre-packaged very complex stuff together well enough that even people with modest skills can create salable code by gluing it all together, much like a plumber or electrician using off-the-shelf parts. So the software industry will bifurcate into a saturated, lower-paid market of these front-line coders and a handful of jobs requiring CS knowledge that build the tools, libraries, and services the front-line coders are putting together. That reduction in demand will lead to less CS majors and very few CS majors will be found doing that type of coding.