I don’t believe that companies would be stupid enough to kneecap their own growth because a SaaS company that has stopped innovating 5 years ago decided they are happy with their current headcount and used AI as an excuse.
Who cares when they'll just float away on a golden parachute to the next company that will overpay them to make terrible decisions. Executives will happily jump at any excuse to lower wages, cut jobs, and pocket the money they saved while raising their prices. Making it harder for people to find work because of layoffs and hiring freezes just means that if AI under-delivers (and it always does), they can just hire on a bunch of new people later at lower wages thanks to the larger pool of people looking for work.
(And it's not true - if you could "replace engineers with AI" we engineers would have already done it and be relaxing while AI does our work)
Sure, but I don't care about these companies - I care about my career and the opportunities available to me in the next 1-5 years. If these opportunities are tainted by false claims about AI capabilities - that is a huge problem to me. It is irrelevant to me whether the company eventually suffers for it, because that doesn't reimburse my "damages" (if they exist).
I agree with you though, and to be clear I absolutely do not believe this is anything but marketing hype - If anyone was actually doing what they claimed we'd be seeing evidence of it. I have yet, to this day, to see any evidence of such claims. If you say "30% productivity" without saying how you measured that and the methods you used, I can instantly call BS and rest easy at night. Lots of similar claims seem the same way.
"outstanding claims require outstanding evidence" or something like that.
Salesforce came into discussion as a CRM solution for us, but the salesman was so arrogant that he was quickly booted out. If first thought it would be nice to develop against a more modern system, but today I am glad we never jumped on that train. And I hear it devolved into the same mess that CRM systems somehow always seem to be.
As for the time it saves-Sure, AI saves plenty of time, but in a big company most of the time isn't spent on coding. It's spent on collaboration, code reviews, meetings, debugging, looking at production logs, using internal tools, etc.