Yes. As technology progresses, in general, we tend to create and move up into new layers of abstraction. This is one of them. At the same time, "traditional"

Yes. As technology progresses, in general, we tend to create and move up into new layers of abstraction. This is one of them. At the same time, "traditional" software development isn't going anywhere soon. In the short to medium term it may even become more valuable and sought after because an increasing number of technically minded people will enter the market at this new level of abstraction and never learn traditional software development at all.