We'll reap the productivity benefits from this new tool, create more work for ourselves, output will stabilize at a new level and salaries will stagnate again, as it always happens.
It took under a decade to get AI to this stage - where it can build small scripts and tiny services entirely on its own. I see no fundamental limitations that would prevent further improvements. I see no reason why it would stop at human level of performance either.
the article's subtitle is currently false, people collaborate more with the works of others through these systems and it would be extremely difficult to incentivize any equally signifciant number of the enterprise software shops, numerics labs, etc to share code: even joint ventures like Accenture do not scrape all their own private repos and report their patterns back to Microsoft every time they re-implement the same .NET systems over and over