I mean that's how most circuit designers lost their jobs to CAD/EDA tools, why should software engineers be different?
Now, as automation increases, that layer gets thinner each time.
But it will be some time before we see AI capable of doing requirement analysis, negotiating requirements, etc.
Most often business' initial expectations are a nice-looking broken pile of shit. They simply haven't conceptualized the product enough and figured out how it needs to work. It's my job to get them there.
Businesses/stakeholders are the expensive middle men between me and the money to build the product. I can do this without you.