I'm not one of those execs, I'm just echoing what they tell us from those I've talked to who manage these dashboards and worry about this. I do think measuring productivity is not very clear-cut especially with these tools.
They do "attempt" to measure productivity. But they also just see large dollar amounts on AI costs and get wary.
My company is also wary of going all in with any one tool or company due to how quickly stuff changes. So far they've been trying to pool our costs across all tools together and give us an "honor system" limit we should try not to go above per month until we do commit to one suite of tools.