Argument A: AI means you don't learn as much, so even though you are more effective, it inhibits your growth and you shouldn't use it. However, on a pragmatic level, it's effective to hire a bajillion people, fire them at will, and get AI to do everything. You will get so many JIRA tickets closed and so many lines of code written.
Argument B: AI means you don't learn as much, and the single most useful work product of a software engineer is knowing how the code functions, so it's depriving your company of the main benefit of your work. Also, layoffs are terrible business strategy because every lost employee is years of knowledge walking out the door, every new hire is a risk, and red PRs are derisking the business.
Institutional and personal knowledge seem similar, but the implications of each are radically different.