Its 10x code generation with .5x quality at best and all other parts of the SDLC are at 1.x or worse.
AI is not delivering 10x shareholder value, anywhere. Software developers have quite the level of hubris about how important they are to companies. Yes our work is very complex and takes a certain mindset to do it well. It takes a lot of other roles to have a successful business, many of those roles will use AI to help draft slide decks, emails, etc. and that's the limit for them.
Look at recent companies doing layoffs claiming its because of AI, like CloudFlare and Coinbase, do their reported financials paint the picture that they are crushing it with AI? No, its net losses into the $100's of millions.