Are we talking about people just sitting around doing nothing, or that their projects will simply stop existing? Or is the idea that AI will fully replace them? Because in my opinion, AI is nowhere near ready to replace entire teams. At most, you might be able to reduce a team by one or two people, but that just shifts the workload onto the remaining engineers.
I say this from experience, I manage several automated projects at work. When something breaks, I can’t just rely on AI to fix it. It still takes time and expertise to troubleshoot and resolve the issues.