> A huge reason VCs and tech tycoons put billions into funding LLMs was so they could undermine coders and depress wages
is just pure speculation, totally unsupported, and almost certainly untrue, and makes very little sense given the way LLMs and ChatGPT in particular came about. Every time I read something from Anil Dash it seems like it's this absolutely braindead sort of "analysis".
I don't know how much "VCs and tech tycoons" want to undermine coders specifically, but they see a huge opportunity to make money by making things much more efficiently (and thus cheaper) than they can be made now. The way to they plan to do that is to reduce the cost of labor. Which means either automating away jobs or making jobs much less specialized so that you don't need a highly-paid craftsman.
Think about Henry Ford setting up an assembly line where a worker sits at the same location and performs the same action all day, every day. You don't need a highly-skilled, highly-paid person with leverage and power to do that job.