It's certainly possible. All that is required is for AIs to become more expensive than humans. Developing projects on a $100 Claude Code subscription is a lot of fun. I bet people would simply go back to hiring human developers if that subscription cost $10,000 instead.
Well, I hope you're right. I want to be optimistic about the self-hosted LLMs future. Hope they keep distilling the frontier models until open weight models can match Opus one day. A self-hosted Opus would be amazing.