With the growth of AI, would job availability and salary potentially change for those just entering positions working as a software developer?

I recognize that AI could potentially take over many jobs, especially in the field of information technology, because it could possibly do the same thing faster, better, and cheaper. I was wondering if there is a high possibility for AI to make it so there are fewer positions and/or lower salaries for those working as software developers, as their work becomes less and less desired.

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