While I want to believe that, I think that there will always be a place for mediocre programmers, and the factors that make mediocre programmers better or worse have roughly the same effect on great programmers.

It IS, however, great news for great languages. Our existing set of programming languages are great for abstracting away the nuts and bolts of registers and processor commands, but not so great for making it straightforward for programming on a cluster instead of a single processor.

Long live Erlang! :)