To be honest, the productivity improvement of AI programming is real, and the data is there.

Generative AI now accounts for about 6% of software spending, about $37 billion, a year-on-year increase of 3.2 times. Is the money worth it? The market voted with their feet, and the companies that paid for it did see the effect.

In the entire AI narrative, this is one of the few areas that can come up with hard data and quantify the need to prove the need. It's not a speculative concept, it's real money flowing.

Interestingly, the top player in this track is not OpenAI, which is hot searching for graphics cards every day, nor Google, but Anthropic quietly leading.