It’s really hard to get a good read on it because of the state of the post-COVID economy and job market.
Like the mass layoffs the last couple of years seemed to be primarily driven by the goofy hiring spree every company went on during the pandemic and the AI reasoning was only partly true and mostly a coverup for their mistakes in hiring in previous years.
On the other hand, the amount of garbage level devs that were being churned out of bootcamps and such in the years leading up to COVID was also due for some kind of correction and AI may be the catalyst for that correction.
I’ve been around devs making an easy 6 figures that did nothing but copy/paste code from the internet or other parts of the codebase and spew jank into the repo because management needs the work done yesterday.