I personally hate coding, but it's a means to an end, and I care about the end. I'm also paranoid about code I don't understand, so I only rarely use AI and even then it's either for things I understand 100% or things that don't matter. But it would be silly to claim they don't produce working code, no matter what we want to call it.

If we get to a point where the engineers are replaced by machines, I would hope that the project managers were replaced years before that, as a final act of revenge

I enjoy a lot of things (Software Engineering is one of them) that in NO way determines whether or not AI is coding, nor does it guarantee me a career (just ask all the blacksmiths that disappeared once cars became the mass transport vehicle).

The fact that people are going to (possibly) be able to instruct a computer to do whatever they wish without the need of a four year degree and several years of experience scares you, I get that, but that's not going to have any effect on reality.

Edit: Have a look at all the peoples careers that have ended because software took over.