If everyone learns to code, coding will not be a high-paying career anymore. Also many people can't code, because it is too detail-oriented. If one line of code has a typo, it doesn't work. Some coding also requires advanced math skills. Really not well thought out at all. But what more can we expect from the establishment?
Engineering degrees awarded have doubled over the last decade, while the number of job openings have not so there is now twice as many Engineering graduates as jobs. Computer Science degrees awarded have reached parity to the number of job openings, and that was before the pandemic.