It 100% does all of the things you're saying. Using these tools to produce things that are not 100% rubbish requires: (1) for you to be a babysitter, (2) for you to set standards early on using automated checks, and (3) for you to generally understand on a large scale how a software project typically runs.

That's where I just don't see software developers being obsolete even with these tools. Managers and directors will not be able to produce anything but garbage that doesn't work using them.

A big issue IMO is that entry level programmers are likely also not going to be capable of running them with much success.