You must be new to AI.
If you believe that it won't replace jobs - or that the number of jobs it creates will equal those lost - then you clearly have no idea what it's capable of.
AI has developed so far that the latest versions of it have been partly...sometimes mostly...built by itself. Because its abilities have now surpassed the skills of the most skilled humans that contributed to the earlier versions. This is what AI can do in 2026. In 2022, if you asked most models to do 7 x 7, they would have got it wrong. That's how fast it's come on. The Government 2023 report you mentioned is so wildly outdated that it's findings are now irrelevent. In 2023, most 'experts' still significantly underestimated the abilities of AI, or the speed of development possible when it started building itself. It's equally exciting and frightening imo.
I'm not sure about engineers specifically...but generally, we're going to face a recruitment crisis like never before in the next ten years.
Coders, analysts, writers, therapists, customer service staff, bookkeepers, PA's, translators, lots of solicitors and accountants, bankers, researchers, so many I can't even think of...it's coming for nigh on all the jobs.
If your main tools in doing your job are the knowledge in your head, learned and innate mental skills and abilities, a computer and the internet or books...your job either won't exist in ten years or the number of you required will be a fraction of what's needed now.