The take that I am increasingly believing is that Software Engineers should broadly be worried, because while there will always be demand for people who can create software products, whatever the tools may be, the skills necessary to do it well are changing rapidly. Most Software Engineers are going to wake up one day and realize their skills aren't just irrelevant, but actively detrimental, to delivering value out of software.

There will also be far fewer positions demanding these skills. Easy access to generating code has moved the bottleneck in companies to positions & skills that are substantially harder to hire for (basically: Good Judgement); so while adding Agentic Sorcerers would increase a team's code output, it might be the wrong code. Corporate profit will keep scaling with slower-growing team sizes as companies navigate the correct next thing to build.