Upvoting this for asking the candid question that so many commenters dance around. I can't imagine a 22-year-old confidently walking into an interview (or getting introduced to a team) and assuring everyone that they have the "harness" or "guardrails" to confidently contribute at the level of a 10x engineer.
If we apply the Gartner Hype Cycle to this disruptive technology, I do believe AI will hit a "slope of enlightenment" where an AI-assisted Analyst is properly understood in industries and can take productive roles. Conveniently, this will probably coincide with a lower interest rate where companies have funds for a talent acquisition spree/rapid growth.
With that being said, today's graduates are stuck in an awful market with a lot of charlatans selling crappy online courses and bad ideas.