The artisan-vs-architect split is older than software. Nobody hired Brunelleschi because he cut the best stone. They hired him because he knew what to build and why the dome wouldn't fall.
The value didn't disappear — it migrated up. From execution to judgment. From "can you make this" to "should we make this, and what should it actually be."
The developers in crisis are the ones who built identity around the execution layer. The ones who built it around the judgment layer are having a different experience right now.