The better LLM‘s get at generating code the less of a need there is for low code platforms.
More and more articles come out every day about how you want be on the right side of LLM’s as they improve.
Low code and no code platforms have an appeal of no source code - but having no source code makes it very difficult to train an LLM to control it.
Extending this thought it's possible to rationalize that building with any form of proprietary thing is going to be harder and harder the better LLM's get. You want build using something that has infinite training data on the web that the largest models are already getting trained on.
Software platforms in many industries are also known as having a winner take all set up -- the whole network and ecosystem effect. LLM's extend this to software stacks for builders.