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Definitely, the problem is that companies need less of them, just like a construction company opening roads with machinery, or an automated factory.
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For now that is balanced by the fact that we build more software, things that wouldn't be worth it before.
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If they weren't worth before, they aren't suddenly worth paying for now.
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It's not balanced, the market keeps shrinking visibly.

There's CVs out there that would've made recruiters go mad 36 months ago sending their hundreth application.

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Number of employed SWEs has maintained the same, slightly increased in fact.
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Which companies?
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Doesn't matter, if the number of position keeps shrinking so will our job prospects.

I'm a freelancing consultant since 5 years, I've had 2 major customers now for 3+ years. I have a very good pulse of the market: being good, or being even very good and being among those that brings AI and automation to organizations will not save our jobs.

In fact, AI has sped up so much the work that 2 out of 5 people in my current team are being let go: I find it absurd, our productivity has more than doubled over the last years and we've made ourselves redundant. Money is money, I'm on one side making non-tech workers redundant (people whose job was menial boring office stuff), and building the systems that will make myself redundant.

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