[Kadin]

That seems to imply that there is a surplus of automatable jobs or job functions in "traditional" engineering disciplines, which is ... not really consistent with my experience. Those fields have had nearly as much computer power applied to them as software development, but yet their projects tend to be much better-defined and have a much greater success rate (would you hire a PE firm that had 40% of its bridges fall down?).

Personally I think the high failure rate of software projects is mostly because people on both sides of the equation regard it as generally acceptable, and aren't willing to pay what it would cost to bring software development in line with a traditional engineering discipline, where failure is typically worth guarding against, even if it drives costs up significantly.