The author has unquestioning assumption that the only innovation possible is the one with AI. That is genuinely weird. Even if one believes in AI, innovation in non-AI space should be possible, no?
Second, engineering and innovation are two different categories. Most of engineering is about ... making things work. Fixing bugs, refactoring fragile code, building new features people need or want. Maybe AI products would be hated less if they were just a little less about being able to pretend they are an innovation and just a little more about making things works.