Yeah all this doomsday prophets for software engineers is just situation that keeps repeating itself. I've seen OK code generation around 2006. So what if it got a bit better? That's not how entire projects get done, code part is rather miniscule in most organizations that aren't single-focused startups.

The less you are just a pure code monkey and nothing more, and the more you bring added value of actually managing whole software dev lifecycle the less you are replaceable (and more senior you become with all the + and -). Chasing requests from teams that couldn't care less about your projects, navigating process hell, synchronizing with global teams, evaluating various pitches and proposals, hiring, architecture design, testing team interaction/management, internal politics and so on and on. This is still software engineer territory, albeit senior one (in my massive org I am at lowest dev position, but with salary 2 levels higher, and I get to do this and much more).

I've not seen even an attempt to put any dent on job market for those skillsets. If you are worried, ramp up your skills, thats what one should be doing regardless.