This is the recommendation I have heard peers, both technical and managerial, echo for years in one form or another:

  4. Upskill professionally. We're not hiring code monkeys 
  for $200K-400K TC. We want Engineers who can communicate 
  business problems into technical requirements. This means 
  also understanding the industry your company is in, how to 
  manage up to leadership, and what are the revenue drivers 
  and cost centers of your employer. Learn how to make a 
  business case for technical issues. If you cannot 
  communicate why refactoring your codebase from Python to 
  Golang would positively impact topline metrics, no one will 
  prioritize it.

The above involves one thing people can possess which GenAI cannot; understanding stakeholder problems which need to be solved and then doing so.