This might lower the barrier of entry but it's basically a cheaper outsourcing model. And many companies will outsource more to AI. But there's probably a reason that most large companies are not just managers and architects who farm out their work to the cheapest foreign markets.
Similar to how many tech jobs have gone from C -> C++ -> Java -> Python/Go, where the average developer is supposd to accomplish a lot more than perviously, I think you'll see the same for white collar workers.
Software engieneering didn't die because you needed so much less work to do a network stack, the expectations changed.
This is just non technical white collar worker's first level up from C -> Java.