No, Engineering and High Tech work will still be here.
Employment for anyone over 45 won't be. I've seen enough age discrimnation to know that high tech hates anyone over 40 and with a family. On the flip side of that I'm young and single so they assume I'm a great hire who's willing to workhard to earn them their millions
~80% of my graduating glass that went to work in industry was laid off within 2 years. I've worked through or been canned in ~dozen layoffs, worked through 1 SEC enquiry, 3 deposed CEOs, one corrupt founder, one bitchy owner, one corrupt CTO, more than one crony capitalism buyout, and more!