> The article suggests that there is a lot of programming being done without considering what exactly needs to be programmed.

And the parent rightfully points out that you cannot know exactly what needs to be programmed until after you've done it and have measured the outcome. We literally call the process development; for good reason. Software is built on hunches and necessarily so. There is an assumption that in the future the cost of the work will pay back in spades, but until you arrive in that future, who knows? Hence why businesses focus on metrics that try to observe progress towards finding out rather than tracking immediate economic payoff.

The interesting takeaway from the article, if you haven't give this topic much thought already, is that the changing financial landscape means that businesses are going to be more hesitant to take those risks. Right now there still seems to be enough optimism in AI payoffs to keep things relatively alive, but if that runs out of steam...