This is a common view, and I think will be the norm on the near-to-mid term, especially for basic CRUD apps and websites. Context windows are still too small for anything even slightly complex (I think we need to be at about 20m before we start match human levels), but we'll be there before you know it.
Engineers will essentially become people who just guide the AIs and verify tests.
Have you ever tried to get those little bits of styrofoam completely off of a cardboard box? Have you ever seen something off in the distance and misjudged either what it was or how long it would take to get there?