The main thing it's removing is the skills you gain through actual practice, and replacing those with the demand that you subscribe to OpenAI etc to do your job.
But, moreover, the demand your company subscribes. But not your company anymore, because you'll probably be replaced by one engineer (and an AI subscription) who's now trying to do your job and about four or five other jobs.
And this one engineer will become more and more reliant on AI companies, AI companies that'll go for the throat once they've hollowed out all the skills that used to exist in the engineering market.