Go ahead - I'm ready to be down-voted again and again until folks realize it is inevitable, as is inevitable that many companies in the area of business software are going down down down.
Wait, what?
The big ERP vendors aren't under any threat, the small ones are.
No business is going to switch from a system that has armies of low-paid consultants to in house AI developed system that has effectively zero consultants who can come in and perform the deployment with tested integrations to their accounting system, their 200 suppliers, their customer systems and their 3rd party auditing systems.
But, small businesses who were not going with a 12m contract for 5 consultants, and who dont have any need for integrations to suppliers, customers and 3rd party systems can do their own systems.
It sounds like you are very far removed from ERP and business systems in general.
All magnetic coding is going to do is further entrench existing large systems because new systems, whether AI generated or not, will be too numerous for any one of them to gain traction.
It was developed by a single guy in the IT department and she liked it.
About 5 years ago the company was acquired, and they had to move to their COTS 'enterprise' system (Maconomy).
All staff from the old company had to do a week long (!) training course in how to use this and she hates it.
In future I think there will be more things like 'Time' (though presumably not MS Access based!)
That's my assertion - those things like 'Time' can be developed by an AI primarily because there is no requirement of an existence of a community from which to hire.
It's an example of a small ERP system - no consultants, no changes, no community, etc.
Large systems (Sage, SAP, Syspro, etc) are purchased based on the existing pool of contractors that can be hired.
Right now, if you had a competing SAP/Syspro system freshly developed, that had all the integrations that a customer needs, how on earth will they deploy it if they cannot hire people to deploy it?