That’s not true. If you look at the history of humanity, every invention (internet, automobiles, telephones, vaccines, etc) has increased the productivity of human race and in-return increased the quality of life and lifted millions of people out of abject poverty. Productivity increased through AI is basically the same. Over the time it would elevate the living standards of millions of people.

As for making more money as a software engineer, it’s individual responsibility. You need to change your mindset of being just an employee and think as an entrepreneur. AI has made is so easy to build an MVP in record time and try things out. If you want to make money a nine to five job is not what you should be focusing on.