AI can write programs, ergo bye-bye coding jobs.
They can write programs, but who will make sure the programs will work and be secure?
AI cannot write programs.
It can plagiarize non-functional snippets obtained from The Code Project or Stack Overflow. If you need to look up some obscure programming language feature, the AI processor can find it for you very quickly, and fairly accurately. You really need to know what you are doing to use that stuff.
All large organizations accumulate people who don't do anything useful and whose jobs are no longer necessary.
"AI" makes a perfect excuse for the forthcoming layoffs as it gets the executives off the hook for the blame, and less likely to meet a grievance committee in the parking lot after work.