I think your reasoning is flawed - the fact a lot of .com projects were BS does not imply that the underlying technology (the internet) wasn't transformative.
Are we really saying that people who were saying the internet was a transformative technology in the mid-1990's were wrong? It was transformative, but it was hard to see which parts of the technology would stick around. Of course it doesn't mean that every single company and investment was going to be profitable, that's not true of anything ever. People investing in Amazon and Google were winners though - these are companies that have in many ways reinvented the market they operate in.
> Quite sure you misread that article. It says 40% of the code checked in by people who use Copilot is AI-generated. Not 40% of all code.
Ok, I'll take that it's 40% of Copilot users. That's still 40% of some programmers code!
Are we really saying that people who were saying the internet was a transformative technology in the mid-1990's were wrong? It was transformative, but it was hard to see which parts of the technology would stick around. Of course it doesn't mean that every single company and investment was going to be profitable, that's not true of anything ever. People investing in Amazon and Google were winners though - these are companies that have in many ways reinvented the market they operate in.
> Quite sure you misread that article. It says 40% of the code checked in by people who use Copilot is AI-generated. Not 40% of all code.
Ok, I'll take that it's 40% of Copilot users. That's still 40% of some programmers code!