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To be fair, that's a huge cost reduction and economic boon.

And the labor potential of an individual coder has also jumped tremendously.

These two simultaneous effects will have a massive impact on economic productivity.

It's happening to graphics design, advertising and marketing, film and media, game design, and legal work too.

AI is here and is making big impact. It just isn't evenly distributed or fully capitalized upon yet. That'll happen in time.

> If they could create real economic value using their models

Whoa whoa WHOA! Replacing the C-suite is actually extremely economically valuable. They cause so much disruption and produce nothing but useless meetings and paper corpus. Getting rid of them would tremendously boost all of humanity's efficiency.

You mean stealing the chat logs of a researcher who was solving a niche mathematical conjecture, completing the last step and calling the whole thing their own.