But still under pressure in the short-term, no? As companies lean into AI as a means of efficiency / competitive advantage / cost savings, jobs will be eliminated / reduced while companies find their direction. The potential gains are said to be too big to sit on the sidelines and wait to be a late-adopter.
Yes hold onto your job like your life depends on it because after this bubble pops the job market will get even worse. Then you need to hold on through the trough until experienced engineers are valued again once all of the AI waste flushes out of the system