In my bubble, I’m seeing people write entire software stacks from scratch, single-handedly. At this point it’s clear to me that software engineering has taken off by a factor of 10x-100x, at least in some industry areas and in some circles.
But that’s not the point here - even if this is true and it continues, IT is not the entire world economy. I don’t think we’ll see the same productivity gains propagate more widely soon. This will take years. The real world is a ship that’s immensely hard and slow to steer, which is easy to forget when your CI pipeline deploys commits to production in minutes.
Where is this new, valuable software having an impact? Yes, there is quite a lot more code being written. But where is it being run?
What about productivity gains (recent/profit, company bottom line)? I think that’s what the op’s measuring. Have you seen a 10x-100x on that front? If not, what’s the disconnect here?
I can "write" a whole OS kernel by running `git clone https://kernel.org` — that does not make me much of the programmer. Copying software was never a problem — making the software perform the job you want was the problem.