What are you talking about? Sure you can appear to be more productive if you are reckless and wasteful of resources, and adding more resources means there is more that you can afford to waste.
But for the past decade or so we have been seeing what happens if you teach every software developer that it's okay to waste resources: resources get wasted.
Back when you couldn't afford to waste resources, you'd see extremely skilled optimizations and extremely clever hacks to get advanced software to run on extremely slow and primitive CPUs. But ever since computing power increased by a couple orders of magnitude, what happens? The exact same software implemented by today's developers would more than compensate for the increased computing power by being a couple orders of magnitude less efficient.
Sure it expands the universe of possibilities. I do want more resources, I really do. But "reducing the cognitive load on bookkeeping" is making software get slower faster than hardware gets more powerful. Which is absolute insanity to me.