Explores whether AI will replace software developers by examining common arguments on both sides of the debate. Argues that while AI will increase developer productivity and may reduce the number of engineers needed for the same output, the timeline and extent of replacement remain uncertain. Suggests the impact will be gradual rather than dramatic in the short-to-medium term, with the long-term outcome depending on broader economic factors like sustained investment in digitalization and whether capitalism can maintain continuous growth. Concludes that developers should embrace AI's transformation of the field calmly while continuing to build and understand foundational concepts.