I think you are conflating 2 things. AI could be going after new entry level jobs in software engineering. I am not a professional engineer but an accountant by trade (I like writing software as a hobby lol) but this article looks like evidence that IIT grads will have a harder time getting these jobs that AI is attacking. My comment rests on the fact that the report doesn't really reconcile with AI destroying entry level jobs for accounting, but rather this type of work being offshored to APAC/India. There are still new COEs being built up for mid cap companies for shared services in India to this day and I don't mean Cognizant and Wipro, but rather the end customer being the company in question with really slick offices there.
My experience has been that the cheap outsourcing to India is one of the main areas AI is a real disruption. You can go straight to the artificial indian, and get a better result than an outsourced worker with AI tooling. It's one of the most obvious "I no longer need a person for this" experiences I have had since self checkout.
I expect that other areas like accounting that use outsourcing are going to see similar effects in a few years.
I think the article doesn't really prove AI is the culprit but I think this other article disproves that offshoring is. If offshoring was the culprit why is it only affecting the most junior employees? I think the case is still open but AI is the leading candidate.