Code changes. Not necessarily features, but also bug fixes, plain old maintenance, and even refactoring to improve testability.
With AI coding assistants, what in the past were considered junior dev tasks are now implemented with a quick prompt and an agent working in the background.
These junior dev tasks are now effortlessly delivered by coding assistants, with barely any human intervention. Backlogs are cleared faster than new items are added. And new items are added more and more because capacity to clear them is no longer an issue. The challenge is now keeping up with the volume of changes. I see this first-hand at my org.
> Those are pretty good bottlenecks for a company. I doubt an agent is fixing any of those. At least any time soon.
Just because you can think of other bottlenecks that doesn't mean that generating code was not a bottleneck, and is not the bottleneck today. The mere notion of a backlog demonstrates that it is a bottleneck.