They are so far removed from the process they can claim they are any % more productive and no one is able to contradict them. Call it a ‘productivity theatre’

The economic reality check is going to be devastating. It won’t be a crash of AI as a tech, it will be a crash of every ‘AI native’ company that does not even know what is their product any more.

To be fair, a lot of those people were stochastically parroting by themselves for years already. They are just capable to stochastically parrot more.

These companies have enough market power that they can afford to be ineffective. So they were. And they are ineffective in novel way.