Having a lot of specifics about a programming environment memorized for example used to be the difference between building something in a few hours and a week, but now is pretty unimportant. Same with being able to do some quick data wrangling on the command line. LLMs are also good at parsing a lot of code or even binary format quickly and explaining how it works. That used to be a skill. Knowing a toolbox of technologies to use is needed less. Et cetera.
They haven't come for the meat of what makes a good engineer yet. For example, the systems-level interfacing with external needs and solving those pragmatically is still hard. But the tide is rising.