It's also why the opinions are so heated on this. There's many forms of management, and some play way better with the AI tools than others. Some people are doing the assembly line jobs and some are doing code ninja jobs. Some are actually doing engineering, and some are code monkeys who are paid the same range as the engineers and using the same tools.
Logging is absolutely less labor intensive since the invention of the motorized chainsaw and other heavy equipment. A look at farming and other construction jobs is probably similar to what will happen with SWE in the long-term. With better tools and access to information, a ton of people can DIY a majority of things. There will still be jobs for pros to build the skyscrapers and other non-DIY friendly things. But, what developers can charge and what people are willing to pay will most likely change due to some of these technologies.