We are too early to deem it failed ai strategies.
I am advising small startups. One of them went entirely to agentic developed software by a team of non technical founders.
They had their sec audit done with considerably fewer errors than had a software developer build the same (which would have taken upwards of 4 times as long).
I am sorry, the technical capabilities of the agentic systems for software development is already much further ahead than what people comprehend.
Severe disruption is imminent.