The only part I would quibble with is the fear that superficial AI generated code becomes widespread. It's not that I think this won't happen, and I wouldn't want it on my team, but I think it could actually increase demand for competent software engineers.
I got into coding about a decade ago when cheap outsourcing had been all the rage for a number of years. A lot of my early experience was taking over very poorly written apps that had started off with fast development and then quickly slowed down as all of the sloppy shortcuts built up and eventually ground development to a halt. There's a decent chance LLMs lead to another boom in that kind of work.
I got into coding about a decade ago when cheap outsourcing had been all the rage for a number of years. A lot of my early experience was taking over very poorly written apps that had started off with fast development and then quickly slowed down as all of the sloppy shortcuts built up and eventually ground development to a halt. There's a decent chance LLMs lead to another boom in that kind of work.