Most software in the U.S. is for highly custom situations for a business -- things that are hard to find patterns for because your business is the only one that has your unique set of business rules, customer base, goals, etc. At least for now, AI is like the new drag-and-drop web tools that made everyone think a few decades ago that few programmers will be needed if anyone can make his own website. After a short blip, demand for programmers increased, in part because expectations for software increased. (i.e. more and more managers wanted more reporting than before, or more custom interaction with the customer based on the customer's history with the company, etc).
That's how I see AI doing for most businesses. It'll be another tool that'll create more demand for IT features because AI will make the features more feasible.
Respectfully submitted, I wholeheartedly disagree. I’ve leveraged LLM to do some pretty complex CodeGen.