Comment by cik

I don't think the dream of replacing developers, in particular exists. Specialization of labour leads to increased costs, due to value placed on said specialized labour. Software development, is one form of specialized manufacturing, and hence is more costly. Within software development, similar strata exists, leading to increased value on increased specialization, and hence the pyramid effect. The same is true within any field.

Similarly, one might argue as increased capital finds its way to a given field, due to increased outcomes, labour in turn helps pressure pricing. Increased "sales" opportunity within said field (i.e people being skilled enough to be employed, or specialized therein) will similarly lead to pricing pressure - on both ends.