You are vastly overselling current generation AI here. It can do some things -- GitHub Copilot has been useful for people to reduce the boilerplate generation, for example -- but in terms of actual programming which 98% of the time is maintenance (fixing bugs, debugging, adding tests, refactoring, adding features) it's performing mostly bad. It's only good at generating code and maybe "understanding" some of it. Prove me wrong with links and the AI equivalent of CodePen (something that's a very glaring omission in the area).

Secondly, bosses try to fire the most expensive programmers ever since expensive programmers became a thing. All the outsourcing to wherever the salaries are much smaller is being attempted even as I type this now, by probably no less than 1000 companies, in this very second. Why hasn't the area in general still gotten rid of their expensive programmers?

Easy -- the outsourced "talent" produces crap that then costs more to fix and repair than if you hired proper programmers in the first place. Of course that requires some forward thinking that's not limited only by the short-sighted "we are about to save money muahahaha" mindset and as we know many businessmen are incapable of looking forward -- hence this mistake is being done 24/7.

It's 99% the same with these AI coding bots.

Wishing cost savings into existence so far hasn't worked.

Will some interns and smart people who coast on much-higher-than-local wages because they wrote some Python to import their boss' Excel spreadsheets and automatically generate other stuff, lose their jobs? Yes, that's very likely.

Will the senior programmer be replaced? It's not a zero chance, surely, and we already saw significant layoffs in most big US companies but (1) most of the world didn't over-hire during COVID and (2) it's unclear if senior devs were fired, or actual redundancies, and (3) well, most of the world isn't the USA.

So again, you are vastly overselling the current generation AI.