I design and develop a no-code tool [1] for the last 7 years. I see many software developers on HN struggle to understand the point of no-code. I'll try to explain.
First of all, no-code tools are not intended for developers. Although, developers can and do benefit from them by using them occasionally for prototyping and mundane automations. The main beneficiaries of no-code tools are "citizen developers" - people who get paid for something else than software development (e.g. marketing analysts, accountants, lawyers, etc) but who need/want to automate things to be more productive in their main work. For them, no-code is a godsend. It's like not having hands and asking someone else to do something for your with their hands all your life, and then suddenly getting your own pair of hands. No-code is a super-power to them because now they can do things they need but couldn't do earlier. For instance, querying databases without knowing SQL, pulling data from web APIs without having a clue about HTTP, or renaming a thousand of files in a loop. No-code is not about doing everything. No-code is about being able to do something, because previously its target audience could do nothing. Remember that excitement when you wrote your first Hello World program and it worked? This is exactly how "citizen developers" feel about no-code.
Second, no-code is not a replacement for general-purpose computing and never meant to be. There is only a limited set of tasks, that can be efficiently automated using no-code and high-level abstractions - ETL, file/folder manipulations, RPA, certain things from gamedev and ML, and maybe robotics. However, these tasks are very common and no-code saves a lot of time and money for them.
Third, no-code creates a new class of people that can do programming, because no-code is programming. It just uses higher-level abstractions and can be imperative, declarative, or functional. This class of programming is here to stay because it works.
I'll stop here because I can talk about no-code for hours :)
[1] https://easymorph.com