But that doesn't exclude that maybe 50% of IT jobs get axed and/or average salaries decreased significantly (aka unless your really pro forget about 150k+)
if AI will speedup software development by 3x and if demand for software not increase by 3x then I don't see why the above wouldn't apply. And I'm talking about longer timeframe like 10 years since this is more relevant for people who are just starting out software path at collage.
It is a tool for building software. You still need to know software development to use the tool.
You might not need to actually write code in the future - just like very few write Assembly today.
But you still need to know and understand system requirements, systems architectures, integrations, distribution, deployment, maintenance, etc.
Software Engineering is more than just coding.