What I want to know is, what has this increase in code generation led to? What is the impact?

I don't mean 'Oh I finally have the energy to do that side project that I never could'.

Afterall, the trade-offs have to be worth something... right? Where's the 1-person billion dollar firms at That Mr Altman spoke about?

The way I think of it is code has always been an intermediary step between a vision and an object of value. So is there an increase in this activity that yields the trade-offs to be a net benefit?