I see few people actively engaging with the thesis of the article so lemme restate it in another way:

We can agree that the invention of the car revolutionized transit, but when you optimize around cars it creates perverse incentives that warp society. American society for example is rife with these issues: Cities and towns that are fundamentally unwalkable, cars that are increasingly large and hazards to public safety and lower and lower expectations for drivers.

In that sense the AI craze is exactly the same. Even if you believe that AI will or has revolutionized coding (a take I firmly disagree with), the resulting craze is creating perverse incentives that are warping tech. Access to computing is becoming narrower and narrower as prices sky rocket, applications are becoming more unstable and unsecure by the day and more and more of our economy is reliant on AI gains that will likely not be realized. Not all tools reshape society for the better, much like how advertising was a tool for attempting to gain eyes on your product now it has become a dystopian weapon to sell your users as the product.

This is without getting into the actual issues AI has directly, just the way it's warping things around it.