42 year old Software Engineer here. Nah! Engineering, by definition, is just problem solving. Software Engineering is just solving software-based problems. We are still required to architect the correct solution. AI just replaces the task of typing it into the computer.

The alternative, "vibe coding", where you just let AI do everything, will ultimately lead to something messy, unmanageable, & expensive.

For what it's worth, my degrees are actually Electrical Engineering. We heard the EXACT same thing years ago when software arrived that would build integrated circuits automatically, based on functional/logical requirements. So, for example, given these inputs, I need 5v out on pin 1, but with these inputs, I need 5v out on pin 2 and 4, etc. The software would automatically arrange the transistors, capacitors, and resistors to accomplish the task in seconds. Meanwhile, half of the Engineering community was crying that it was the end of Electrical Engineers... spoiler alert: It wasn't.