I think your observation is not a good assessment of the impact that LLMs have on industries. It's true that "developers became super powerful", but that also

I think your observation is not a good assessment of the impact that LLMs have on industries. It's true that "developers became super powerful", but that also means that suddenly companies need less manpower to achieve the same business goals. This increase in efficiency means less jobs, because now companies suddenly need less people to handle the same workload. Also relevant, a company no longer needs that many experienced developers because you no longer need to have in the payroll someone who did something before. There's now less arguments to hire a consultant to help a company with a new framework or tech stack, because a LLM allows devs to turbocharge their own onboarding. This means less jobs, and being able to have inexperienced devs handle tasks previously reserved for mid/senior developers.