It's not implausible that we'll wind up with something like the extremely long-lasting market for COBOL developers. A niche skill that's absolutely essential in a few places, and which can command high salaries as a result... for a few people. Only so many huge legacy banking systems, after all.
The problem, as with COBOL, would be the loss of the existing pipeline that created new competent high-level developers.
The problem, as with COBOL, would be the loss of the existing pipeline that created new competent high-level developers.