Earlier quoted context omitted.
That's fair, but I'm talking about the complete certainty that it won't reduce the demand for labor! It's the opposite of the fallacy you've highlighted being committed by posturing leaders. I incidentally get the inside scoop on what's going on internally at these organizations through the blog, and they definitely need a lot less Devin and much better hiring practices.
Technological change can cause short term labor disruptions. They may or may not be broadly negligible. The more important point is that, throughout history, the societies that embrace new technology always end up better off (across the board, including the lower classes) in the long run, and the societies that do not always end up worse off (also across the board).
(But I broadly agree.)