But also, based on what I have heard of their headcount, they are not necessarily saving any money by vibecoding it - it seems like their productivity per programmer is still well within the historical range.

That isn’t necessarily a hit against them - they make an LLM coding tool and they should absolutely be dogfooding it as hard as they can. They need to be the ones to figure out how to achieve this sought-after productivity boost. But so far it seems to me like AI coding is more similar to past trends in industry practice (OOP, Scrum, TDD, whatever) than it is different in the only way that’s ever been particularly noteworthy to me: it massively changes where people spend their time, without necessarily living up to the hype about how much gets done in that time.