I agree with the point about we don't have clear/perceivable increase in value I.e. companies are not 10x profitable due AI.

But, I don't understand the position of that has no value or that is going to be "turned off", that is just doomsday prophecy at this point.

We focus so much in code, but AI have changed many if not most of the work. It made possible to take a chance in challenges that would once be dismissed of the bat.

I do think we are still get used to the new ways of work, which IMO is a moving target. Once that we overcome that, results may come clear, but that may not be in companies making 10x more revenue.