People don't respect the salary premium software developers have received and expect relative to other creative, human endeavors.
You lay it out perfectly in your answer, and I'll add that the entire non-tech world generally feels that if tech jobs lose their shine due to AI, its actually a welcome reversion to the mean. Software has likely depressed wage growth in many other jobs.
Which is unfortunate, because the thinking people should be having is that we should bring everyone else up to our level, and not trying to bring down the lucky few that are well compensated in this world full of leeches in the form of CEOs and middle managers.