Author here; I think it can be a useful metric depending on the circumstance and use; the reason I decided to write that article is I'm starting to hear more and more of CTOs using as the sole metric from their team; I know of at least one instance where CTO is pushing for Agentic coding only and measure each dev based on LoC output.
There is also the x.com crowd that is bragging about their OpenClaw agents pushing 10k lines of code every day.