The question I ask myself: Is there a large and still-unmet demand for software engineering worldwide. AKA is the market supply-constrained by a large-enough amount?
If so, I imagine engineers will be more productive with AI (and wages will go down, or at least stop growing somewhat), but the demand for software engineers will stay strong.
If not, then engineers being more productive would mean fewer engineers can meet the global demand for software engineering work and I would expect to see the demand for software engineers reduced.
If so, I imagine engineers will be more productive with AI (and wages will go down, or at least stop growing somewhat), but the demand for software engineers will stay strong.
If not, then engineers being more productive would mean fewer engineers can meet the global demand for software engineering work and I would expect to see the demand for software engineers reduced.