AI is a productivity booster, not a thinking machine, impacting software engineering by collapsing roles into 'Product Engineer 2.0.'
Software engineering differs from other rule-based professions as it is open-ended, creative, and full of ambiguity, likely leading to a split rather than transformation of roles.
The vision of 'Zero-touch feature development' is considered utopian, with a more realistic approach being 'Low-touch development' where AI supports coding tasks while humans oversee architecture and quality.
It is crucial for engineers to learn to work with AI, not rely on it entirely, as AI does not assist in personal growth unless the hard parts are still being tackled by the individual.