EEs have as much relevance today as they did fifty years ago. Its not all about electronic circuits; the majority have always worked in other industries to support design and execution for builders and equipment manufacturers. Industrial and power applications are huge. EEs today are generally working for more money, recognition and advancement possibilities than our predecessors did at the old school Zenith "hand wired" analog circuit outfits. Of course a MBA on top of the engineering degree always helps. A big difference from fifty years ago is increasing overseas expertise beyond England, Japan and Germany.
The problem is hospital system corporate owners have taken their practices and the charting systems require twice as much work as their patients.
The article in the Register seemed to be concerned, not that EEs were less relevant, but that a lot fewer young people are choosing that direction in college.
I have insurance in order to see a doctor, not a physician's assistant. I'm sure the PA is fully competent, but I want to get what I paid for...