That frees up the developer to work on projects that would have been infeasible a couple decades ago. To put it another way, has the growth of high level languages like Python led to more jobs or fewer? I strongly suspect the answer is more.

Yes we now have more higher level Python developers, but fewer C/C++/Assembly level developers.

If the trend continues there will be more configuration/customization roles in higher languages and fewer Python level devs too.