[menaerus]

Hypothetically you could be right and I don't know if "this time will be different" nor am I trying to predict what will happen on the global economic scale. That's out of my reach.

My question is rather of much narrower scope and much more concrete and tangible - and yet I haven't been able to find any good answer for it, or strong counter-arguments if you will. If I had to guess something about it then my prediction would be that many engineers will need to readjust their skills or even requalify for some other type of work.