That's outrageous self-glorification and utterly misleading. Software development qualifies as much as an art as other forms of engineering and most crafts do -- somewhat, at the highest levels, but generally not. Don't justify the shortcomings of current software engineering by nebulously labeling it a form of art.
I don't consider any of those things as shortcomings, simply aspects of anything involving human minds using a creative process. You're right that it's the same as all other forms of engineering, but I would also consider most of that art as well. With that I mostly just mean; despite the laws/science/logic involved, creating something new is usually a creative process.
