Almost! We are certainly on the precipice of the vast majority of white collar work being removed from the loop.
However, what each domain will tell you (engineering included) is that AI doesn't understand the full context of what you're doing and the point of the business and where to spend effort and where to cut corners. There is definitely still room for competent engineers to iterate here on the solutioning and plans to refine the AI work into something more sturdy.
Although this is only in domains where code quality truly matters. A lot of consumer software without SLA's are just vibe coding full speed now. No code review, AI writing 100% of the code.
Judging by what I've seen recently, 100% LLM code is often buggy and not that great. I'd say code quality truly matters in all domains