That might be true for you and me but imagine somebody fresh out from university - the job market for junior devs will totally collapse in the near-near future. And then what? Where do the mid-level engineers come from if there are no* junior roles? Where will the future senior level engineers come from? We're certainly living in interesting times..
*: There will be some artisanal companies who will pride themselves in having hand-written, AI-free code. These companies will be a minority and 90% of junior level software development jobs will disappear in no time.