Sure, I don't think the likelihood is high.
I think it's unlikely we'll develop an AI any time soon which can consistently solve critical thinking problems that even a junior developer can solve. LLMs exhibit very little of that problem solving behavior. They synthesize information from existing information and often what they produce is nonsensical. When people have argued that there is some kind of reasoning going on there, I haven't found it convincing. I use an LLM every day, it makes me more productive, it speeds up a lot of tasks. It doesn't replace the executive thinking that I hire people for (even pretty junior people), like delegating a problem, having them go off and think through various angles and come up with a really good conclusion... an LLM won't ever do this on its own, it can assist the person who's doing it though.
I can see a scenario where everyone working for me becomes twice as efficient with an LLM (me too) and it translates to a dev hiring freeze and a tougher job market, maybe for years even. As I mentioned in another comment I think devs who don't stay on the cutting edge will be at risk of losing their jobs. But fundamentally there's a lot of room for software to be solving more problems than it is today, grow the supply and the demand will likely grow with it, so the "human developers will disappear so quickly I shouldn't have a child" scenario is hyperbole and kinda toxic tbh.