Perhaps. Even that may not be important if the METR progress line continues much longer, because then all those billion dollars "worth" of software written over the past 3-ish years get re-invented for cents on the dollar.

Separately, I think code is more like an invention than a work of art, and should have been subject only to patent laws instead of (and not in addition to!) copyright laws. This doesn't really make much difference now, as AI doesn't (at least in the UK) have personhood for either copyright or patent law: https://www.briffa.com/blog/can-you-obtain-a-patent-for-inve...