Jargon isn't a scam. I get more and better work done with AI, to my own satisfaction and to the benefit of my employer. People using dumb terms to describe this doesn't make it less true.
AI has real benefits, that are game-changing in some areas, even if AI never improve from their current capabilities.
People are claiming (whether they truly believe it or not) that AI has incredible capabilities and benefits that they don't currently have, and may never have.
There's plenty of scamming going on. The fact that AI has real game-changing capabilities just makes the scams harder to detect. People tend to like to see things as more black-and-white than they actually are, and scammers take advantage of that.
In the short run, because Anthropic and other providers are heavily subsidizing coding agents to maximize user base. Will your employer still benefit and be satisfied in a couple of years when Anthropic jacks up the price by 5x and dumbs down Opus to the point where 50% of changes are easier to do manually than via an agent?