Right now we're in a gold rush. Companies, that be established ones or startups, are in a frenzy to transform or launch AI-first products.
You are not rewarded for building extremely robust and fast systems - the goal right now is to essentially build ETL and data piping systems as fast as humanly (or inhumanly) possible, and being able to add as many features as possible. The quality of the software is of less importance.
And, yes, senior engineers with other priorities are being overshadowed - even left in the dust - if they don't use tools to enhance their speed. As the article states, there are novice coders, even non-coders that are pushing out features like you wouldn't believe it. As long as these yield the right output, and don't crash the systems, that's a gold star.
Of course there are still many companies whose products do not fall under that, and very much rely on robust engineering - but at least in the startup space there's overwhelmingly many whose product is to gather data (external, internal), add agents, and do some action for the client.
You need extremely competent, and critically thinking technical leaders on the top to tackle this problem. But we're also in the age where people with somewhat limited technical experience are becoming CTOs or highly-ranked technical workers in an org, for no other reason than that they know how to use modern AI systems, and likely have a recent history of being extremely productive.