Because these students will take none of these courses, they will differ significantly from those with a BS in CS. But their AI skills still won't run deep enough to make them expert there either. At best, they'll be conversant with a couple of foci in AI, but not in many other AI areas.
In fact, this program seems custom made to prep for work most typical at Google, Facebook, Microsoft, and not that many others -- doing pattrec forms of ML on large data. Yet they'll lack the skills typical of today's data engineers (basic ML plus HPC/distributed/throughput, networking, and DB /sys admin) or typical of data scientists (nasic ML with a BA in statistics, plus facility with RDBMSes).
Will the absence of these CS skills hamper their competitiveness one day in most mainstream general computing software jobs? I think it probably will.
Therefore, if those with this degree don't spend their entire careers working only in big data areas of AI, they will likely will be at a competitive disadvantage to those with broader skills in CS.