The Short Version
The available evidence does not support the prediction that AI will cause widespread job loss among software engineers. High-authority sources from Morgan Stanley, MIT Sloan, arXiv, and Snowflake consistently point toward augmentation, productivity gains, and net job growth rather than broad displacement. The evidence cited in favor of the claim — worse outcomes for recent graduates in AI-exposed fields, economy-wide self-reports — does not isolate software engineers, does not establish AI as the causal driver, and conflates hiring difficulty with job destruction.