The engineers that aren't better than the LLMs will struggle
Up to a certain level of complexity, the LLMs can work without any human engineer. A product manager might be able to ship things without any engineers
But above a certain level of complexity, an expert human is needed. Those experts will thrive, as they are necessary to building the best software (secure, scalable, correct,...)
Humans will either be 1000x engineers, who are supercharged by the LLMs, or 0x engineers, who are worse than the LLMs on every dimension