To me this looks like a Jevons Paradox situation: https://en.wikipedia.org/wiki/Jevons_paradox [1]

Increased developer productivity will lead to a lot more software development, at all levels, rather than less.

1. "In economics, the Jevons paradox occurs when technological progress or government policy increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced."