It's not obvious because the multiplier effect of AI is being used to reduce head count more than to drastically increase net output of a team. Which yeah is scary, but my point is if you don't see any multiplier effect from using that latest AI tools, you are either doing a bad job of using them (or don't have the budget, can't blame anyone for that), or are maybe in some obscure niche coding world?

>the multiplier effect of AI is being used to reduce head count more than to drastically increase net output of a team

This simply isn’t how economics works. There is always additional demand, especially in the software space. Every other productivity-boosting technology has resulted in an increase in jobs, not a decrease.