In fact I think the former "programming" can give you more social cred--if you program things the other person can't comprehend an immediate use for, it may hurt you. "Oh you're one of those people that don't do anything useful." If they really want to know, they'll ask, and ask for more details if they care.
Of course, I agree in general that when whoring yourself out to the corporate world it's best to make yourself sound as important as possible as long as possible, which is basically what I got from Patrick's post. "Programmer" doesn't contain enough information to make you seem important enough in BigCo. It's fine for scoring social points.