Something I kind of tell myself is that if AI effectively becomes a drop-in replacement for software engineers (or is at least 95% as good as the median one) it's going to suck because I lost my job and we've killed one of the few good careers that exist out there, but on the other hand, look at the big picture. I'm not even sure the "software" industry will exist.

I mean, think about it. Rationally speaking, if people can hire AI engineers at a fraction of the cost of minimum wage employee, then the price pressure on software will be "significant" to put it mildly. The more complex a piece of software is, the more incentive there is for open-source developers to collaborate and pool their resources to make a cheaper alternative using AI agents. This logic could even extend to the AI agents themselves.

I know my prediction is deeply flawed, but basically, if we create an AI that's a drop-in replacement for (most) software engineers, we're probably going to have a massive deflationary crash not just from the software sector, but in the economy in general considering that many white-collar workers have also probably been automated, with the consequences that follow.

I might lose my job, but I'm going to take so much more down with me. My loss is their catastrophe. Sounds terrifying, maybe terrifying enough for our political representatives to address the elephant in the room, that an AI just took out their tax base, the people who still have a job probably make so little that their tax contributions are cancelled out by government benefits (not just welfare mind you, but the simple fact that they drive on free roads), and taxing corporations won't fix this when corporate revenue is probably going to also decrease.

Otherwise though, we're notoriously bad at predicting the future and estimating the general difficulty of something as ambitious as trying to replace certain careers with AI or robots. Any argument you could make for why software engineers (or white-collar work in general) will be different this time was probably made earlier by someone in reference to something like self-driving cars or physical labor, or possibly in reference to a prior attempt at automating white-collar work using a more primitive form of AI.

Best course of action, individually, is probably to skate to where the puck is heading and make an earnest effort at improving your productivity with software copilots, but otherwise I think the least likely outcome is that automating the software engineering profession is as easy as the e/acc crowd on Twitter would have you believe.