At this phase no company would risk their brand by calling the product as ineffective. The big players are in it together and small ones have no option but to play along.
Nevertheless collecting the historical wisdom and running it at machine scale does have a lot of benefits for sure. The only question is the signal to noise ratio, machine is doing what humans did, just at a multiplier speed and with a lot more context than what a normal human can hold.
They did produce great value, claude code and opus 4.5 are a singularity in software engineering.
The job we practiced for decades simply doesn't exist anymore.