Currently the value proposition for the MBP 14" is a lot higher than the M2 MacBook Air. This is due in my opinion to:
Apple does not raise prices on their devices mid cycle. This means that the M2 MacBook Air has current market & inflationary pressures factored into the price. The October/November 2021 pricing of the MacBook Pro does not have these increased factored in, as they were not apparent back in October/November 2021.
Assuming that Apple refreshes the MacBook Pro around the October/November period (with or without a M2 upgrade), and market/inflationary pressures are still prevalent (which they will be), I'd fully expect the MBP price to increase in a similar fashion to what we've seen in with the M2 MacBook Air over the M1 MacBook Air.
The current situation prices similar pricing for M2 MacBook Airs and M1 MacBook Pro's, when in fact there should (and will be eventually) be a distinct difference.
What that means in day-to-day terms, is the M2 MacBook Airs looks to be priced as direct competitor to the MBP. When comparing specs-to-specs, the MBP is a clear winner, meaning people paying the current premium for the M2 MacBook Air are paying mainly for the thin & light form factor.