What you're describing is an effect that has always existed. It became clear to me a few decades ago earlier in my career that if a dev's only real skill was "write code" that they were severely limited compared to people who had strong domain knowledge *and* had "write code".
The tech boom has made people forget this, but that fact never changed. And now what we're seeing is that the "write code" part is increasingly becoming devalued. What does this mean? That those with domain knowledge will still be able to function, whereas people who could only write code will be devalued.
The tech boom has made people forget this, but that fact never changed. And now what we're seeing is that the "write code" part is increasingly becoming devalued. What does this mean? That those with domain knowledge will still be able to function, whereas people who could only write code will be devalued.