People speak in relative terms and hear in absolutes. Engineers will never completely vanish, but it will certainly feel like it if labor demand is reduced enough.
Technically, there’s still a horse buggy whip market, an abacus market, and probably anything else you think technology consumed. It’s just a minuscule fraction of what it once was.
> but it will certainly feel like it if labor demand is reduced enough
All the last productivity multipliers in programming led to increased demand. Do you really think the market is saturated now? And what saturated it is one of the least impactful "revolutionary" tools we got in our profession?
Keep in mind that looking at statistics won't lead to any real answer, everything is manipulated beyond recognition right now.