LLM just create a new layer of abstraction over the traditional "software" — and a very bad one. In a long run, this is more expensive than just doing "traditional" software development.
The first part of your sentence is entirely true, and the second part entirely wrong.
LLM-based programming values the prompting and architecture skills far above the code output itself, which is considered throwaway and can be replaced (and is replaced) often and quickly.
This method turns out to be much cheaper and faster than traditional development.
