Complete opposite. I think Gosucoder said it best; let be badly paraphrase.
AI coding removed the bad part of coding. Lets you handle all the fun part; and you can of course always go and 'code' yourself, you dont have to prompt everything.
The new "developer" skill is ensuring that you're building a reliable app that isnt a house of cards. AI will tend to give you bare minimum. You cant have that, your prompts need to be better.