I completely agree. The issue is that some misconceptions just never go away. People were talking about how bad lines of code is as a metric in the 1980s [1]. Its persistence as a measure of productivity only shows to me that people feel some deep-seated need to measure developer productivity. They would rather have a bad but readily-available metric than no measure of productivity.

[1] https://folklore.org/Negative_2000_Lines_Of_Code.html