But even not caring about quality: Speed of development is abysmal. It was never something this team had anyway, they were always slow. So they don't care that they take a year and 20 people to do what another startup in the same space was able to deliver in a few months with a skeleton crew (and perhaps more quality).
To me the experiment has shown the results it should. It's self-serving to developers, and amplifies the good and the bad in them. It's not particularly good to users and not to companies if the developers aren't good themselves.
Industry is betting that we don’t need to. I still consider it a bet because Claude Code this scale has become norm just for a year.
CRUD apps have long been a solved problem long before AI, no one should be spending a lot of time dedicating their life to figuring out how to write a better CRUD app.
If your bubble consists of writing critical high performance applications or bleeding edge research, maybe you have a use case for not using AI, but that is not the norm.