The only ones getting a paycheck off of this is those that work for the hardware manufacturers, unfortunately.

Mainly because in software development (at least for what I do), productivity does not translate into significant company gains. I work for an energy company, nothing is super revolutionary, and a new feature or capability takes a long time to translate into measurable revenue, if at all.

The energy crisis had a much bigger (positive) impact on the numbers than AI or anything I personally did. (although I have to add, they also did a major re-architecture of their back-end after the '22 energy crisis and did some smart buy-in, so as the other energy companies' websites struggled, ours churned along just fine and we got a lot of new customers/contracts)