From what I see, the current is beginning to turn a little toward valuing senior devs more than ever, because they can deal with the downsides of AI. Junior devs, on the other hand, cannot, and their simpler coding work is also more easily replaced by AI. So we’ll see fewer junior dev jobs, but seniors might do fine. I’m not sure that’s good news for the profession as a whole, but its been an extremely long gold rush into software and online services so some correction probably won’t be the end of the trade.
Oh and yes senior devs are still hounded to use AI, because it will get them further, faster. And there are no more junior devs to help. In the hands of a skilled dev, AI tools can be powerful, and they can spare some toil, and help them find their feet in less familiar frameworks and in foreign codebases.